(Telecompaper) Microsoft co-founder Bill Gates said he will be stepping down from the company's board of directors to focus more on his philanthropic work. These include global health, development, education and tackling climate change. The Bill & Melinda Gates Foundation last week announced the launch of a new foundation, to speed the development and access to treatment for covid-19 (coronavirus). The foundation was started with Wellcome and Mastercard with seed funding of up to USD 125 million.