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Bill Gates steps down from Microsoft, Berkshire boards

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Bill Gates, co-founder of Microsoft, said in a LinkedIn post Friday he's stepping down from the board of directors of the company, to devote more time to philanthropy. 

He also said he would relinquish his post on the board of Warren Buffet's Berkshire Hathaway company. 

"The leadership at the Berkshire companies and Microsoft has never been stronger, so the time is right to take this step," said Gates. 

His priorities now include global health and development, education, and "my increasing engagement in tackling climate change," Gates wrote.

He added that not being on the board doesn't mean he won't continue to be involved with Microsoft. Gates made the announcement on the social networking site for enterprise owned by Microsoft. 

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