*By Carlo Versano*
Paul Allen, who co-founded Microsoft with Bill Gates and went on to become one of the country's most prolific philanthropists and technologists, died Monday at 65.
His company Vulcan released a [statement](http://www.vulcan.com/News/Articles/2018/Statement-on-Paul-G-Allen) saying the cause was non-Hodgkin's lymphoma, which Allen had battled on and off for years.
Allen and Gates famously started Microsoft ($MSFT) in 1975 after dropping out of college and partnering to write computer code for early PCs. The break that would elevate their tiny company ー whose name was a *portmanteau* of "microcomputer software" that Allen came up with ー and make both men fabulously wealthy came when IBM ($IBM) chose it as the software supplier for that company's first personal computer.
Allen left Microsoft in the early 80s but remained on the board until 2000. Current CEO Satya Nadella said in a statement: "As co-founder of Microsoft, in his own quiet and persistent way, he created magical products, experiences and institutions, and in doing so, he changed the world."
As Allen became one of the world's richest people ー Forbes [estimates](https://www.forbes.com/profile/paul-allen/#7bd56f414417) his estate to be worth at least $20 billion ー he became known for his charitable largesse, nowhere more so than in Seattle, where he lived. He also bought sports teams ー he was owner of the NFL's Seahawks and the NBA's Portland Trail Blazers ー turning them into billion-dollar franchises, opened cultural institutions, donated to local STEM non-profits, and re-developed a Seattle neighborhood that is now home to a booming science and tech industry, including the headquarters of Amazon ($AMZN). He was regularly [listed](https://www.forbes.com/sites/jenniferwang/2018/10/15/the-greatest-givers-meet-americas-top-philanthropists/#42fc98bd1af1) among America's most generous givers.
Allen is survived by his sister Jody, who [said](http://www.vulcan.com/News/Articles/2018/Statement-on-Paul-G-Allen): " While most knew Paul Allen as a technologist and philanthropist, for us he was a much loved brother and uncle, and an exceptional friend."
New laws under consideration in Europe, Asia, and the U.S. could put some sharp limitations on Big Tech. Some of the limits would include how these companies can treat smaller competitors and even restrict their use of artificial intelligence, things like facial recognition. Co-founder and Executive Director at Accountable Tech, Nicole Gill, joined Cheddar to discuss more.
A new report out on Linkedin says that Crypto-related job postings in the US surged to 395% between 2020 and 2021. Job titles which included titles containing "Bitcoin", "Ethereum", "Blockchain", and cryptocurrency, all outpaced jobs in the wider tech industry which saw a 98% increase in listings during the same time period. LinkedIn also notes that the most common crypto job postings were blockchain developers and engineers. CEO of Radkl, Ryan Sheftel, joined Cheddar to discuss more.
Garrett Nelson, Senior Analyst and VP of Equity Research at CFRA Research, joins Cheddar News' Closing Bell, where he breaks down where automakers like Ford, Tesla, Rivian, and Lucid currently stand at the start of 2022 and what we should expect to transpire in the upcoming year.
Fintech startup Milo has launched what it says to be the world's first crypto mortgage. As part of the offering, clients will be able to use Bitcoin as collateral to purchase property and qualify for a 30-year loan. Josip Rupena, CEO and Founder of Milo, joins Cheddar News' Closing Bell, where he explains how this offering is a winning solution for crypto investors who want to invest in real estate.
Software company BigPanda recently raised $190 million in Series D funding, led by Advent International and Insight Partners. The funding round gives the company unicorn status with a $1.2 billion valuation. BigPanda develops A.I. software that detects and analyzes problems in I.T. systems. The company says it aims to be the solution for other companies that do not have enough manpower to manage their data, as more and more industries continue to build a broader digital presence. BigPanda co-founder and CEO Assaf Resnick joined Cheddar News' Closing Bell to discuss.
