Times of India | Bill Gates once saved Steve Jobs’ Apple: The $150 million deal that changed tech history AI generated summary, Read the full article for complete information. At a critical point in 1997 when Apple faced mounting losses, dwindling market share and a fragile outlook despite Steve Jobs’ return, Microsoft—led by Bill Gates—stepped in with a $150 million investment and a strategic agreement that included continued development of Microsoft Office for Mac, a default Internet Explorer browser on Macs, and a broad patent‑cross‑licensing deal. This move, driven by Microsoft’s desire to preserve a competitor and safeguard its Office business while easing antitrust concerns, restored confidence among developers and customers, gave Apple the financial breathing room needed to restructure, and set the stage for its turnaround with products such as the iMac, iPod and iPhone. The partnership exemplifies how calculated cooperation between rivals can reshape an industry, ultimately enabling Apple to evolve from a struggling computer maker into one of the world’s most valuable technology companies. Read more: https://timesofindia.indiatimes.com/technology/tech-news/bill-gates-once-saved-steve-jobs-apple-the-150-million-deal-that-changed-tech-history/articleshow/130633815.cms #BillGates #SteveJobs #Apple #Microsoft #MacworldExpo