ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Inspired by the January cover of Popular Electronics magazine, friends Bill Gates and Paul Allen started Microsoft – sometimes Micro-Soft, for microprocessors and software – to develop software for the Altair 8800, an early personal computer.

Detailed explanation-2: -Microsoft is one of the most successful and influential companies in the world, but did you know that Bill Gates and Paul Allen launched an earlier venture as high school students in Seattle? It was called Traf-O-Data, a startup in the 1970s that developed a computer system to count traffic.

Detailed explanation-3: -Bill co-founded Microsoft Corporation in 1975 with Paul Allen and led the company to become the worldwide leader in business and personal software and services. In 2008, Bill transitioned to focus full-time on the foundation’s work.

Detailed explanation-4: -Gates was born and raised in Seattle. In 1975, he and Allen founded Microsoft in Albuquerque, New Mexico. It became the world’s largest personal computer software company.

Detailed explanation-5: -On April 4, 1975, at a time when most Americans used typewriters, childhood friends Bill Gates and Paul Allen found Microsoft, a company that makes computer software.