Ballmer and Gates

Steve Ballmer and Bill Gates announced at a press conference on Thursday afternoon that Gates will gradually step down from his duties at Microsoft.

"I remain fully committed and full-time at Microsoft through June 2008 and will be working side-by-side with Ray (Ozzie) and Craig (Mundie) to ensure that a smooth transition occurs," said Gates.

June 15, 2006 2:15 PM PDT

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