close this bookVolume 6: No. 79
View the documentMicrosoft news
View the documentProcessor news
View the documentProjects
View the documentInternet tutorials
View the documentCareer jobs (in our CCJ 6.40 digest this week)
View the documentNetworked 'bots
View the documentComputists' news

Microsoft's stock surged $7.50 over two days, closing 11/6/96 at $144.50. Bill Gates, with 141M shares (23.7% of the company's stock), is now worth $20.4B. His fortune has increased by about $2B/year over the past decade. Each one-cent gain in the stock value increases his fortune by $1.4M. [Seattle Times. SJM, 11/7/96, C1.]

Microsoft is hiring somewhat older workers now, and their fresh-out-of-college workforce is aging. Average age is 34, with more than half in their 30s. The percentage of single employees dropped from 49% last year to 40% this year, with the percentage of married employees with children increasing from 28% to 35%. Employees are still expected to work long hours, but the company has been making concessions to child card and outside activities. Many workers now leave early -- 5:30 or 6pm -- and either return later or work at home via company-issued laptops. The effect of pregnancy on careers is still a major issue. [Seattle Times. SJM, 11/6/96, 8C.]

Microsoft has released a new Internet Explorer browser for Macintosh. Download for free from . Incidentally, Apple claims that its market share of computers accessing the Internet is 25%. [Reuters., 11/6/96. Bill Park.]