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Words in the News
Wednesday 13 November 2002
Vocabulary from the news. Listen to and read the report then find explanations of difficult words below.

 Bill Gates
Microsoft into India
Summary: The American computer firm Microsoft has announced that it will invest four hundred million dollars in India over the next three years. The Chairman, Bill Gates, said the investments will include information technology education and the development of software for the local market in India. This report from Adam Mynott.
  
The NewsListen 
 Twenty-four hours after announcing that his charitable foundation was donating a hundred million dollars to help fight AIDS in India, the richest man in the world has said his company, Microsoft, will be investing four hundred million dollars in information technology and education projects.

Bill Gates said that the money would be spent over the next three years. Part of the investment will be in IT education in schools, affecting three and a half million students and eighty thousand teachers. He made the announcement after meeting India's Information Technology Minister, Pramod Mahajan, on the second day of a four day visit to India. There will also be three hundred more jobs created at Microsoft's computer software development centre in the southern Indian city of Hyderabad.

Bill Gates said this was the largest investment Microsoft had made outside the United States. India is of strategic importance, he said, as its developer and skill base continues to grow. He also rejected suggestions that the world wide growth in the software industry would slow down.

Adam Mynott, BBC, Delhi

 
  
The WordsListen
 
 investment
money given as a donation

 
  
 IT
means information technology or the theory and practice of using computers

 
  
 affecting
touching the lives of, having an influence upon

 
  
 software
computer programmes

 
  
 of strategic importance
very important, something that is strategic gives you an advantage

 
  
 skill base
knowledge and ability in a particular area

 
  
 rejected
did not accept, disagreed with

 
  
 world wide growth
economic improvement across the world

 
  
 Read more about this story 
 

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