PC World: "The year is 1975. Gerald Ford is in the White House, South Vietnam falls, Muhammad Ali defeats Joe Frazier in the "Thrilla in Manila" world championship boxing match, the late-night comedy show NBC's Saturday Night (later called Saturday Night Live) debuts, One Flew Over the Cuckoo's Nest sweeps the Oscars, and Captain & Tennille's "Love Will Keep Us Together" and Glenn Campbell's "Rhinestone Cowboy" top the music charts.
And in Albuquerque, N.M., Harvard dropout Bill Gates and his high school friend Paul Allen set up a tiny business to write software for a new microcomputer called the Altair 8800. Their first product is the Altair BASIC language. At some point during that year, the company is called Micro-soft, and then MicroSoft, before it is ultimately named Microsoft.
From those modest beginnings, that company went on to help give birth to an entire industry, change the way we live and work, and become one of the largest software companies on the planet, creating countless millionaires -- and several billionaires -- along the way."