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Bill Gates quits

Bill Gates today announced that he would quit as Microsoft chief executive.

Taking over the reins of the company is long-time friend and company president Steve Ballmer.

Continuing as chairman, Gates plans to create a new post -- chief software architect -- for himself.

EXTERNAL LINKS

Gates turns over reins of his empire
New boss at Microsoft
Gates steps aside as chief of Microsoft but will remain chairman
Gates names Ballmer Microsoft CEO

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