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  Microsoft plans to boost R&D, jobs
Time: 00:14 EST/05:14 GMT | News Source: CNET | Posted By: Robert Stein

Microsoft Chairman Bill Gates said Thursday the software company plans to boost its research budget, a move expected to result in up to 5,000 new employees. At a meeting with financial analysts here, Gates said the company plans to boost research spending by more than 8 percent in its new fiscal year, to $6.8 billion. "We believe we are just at the beginning of what we can do with software," he said.

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