CEO Gives $100-Million for New Fund

Michael Saylor, the billionaire chief executive of a northern Virginia software company, has created a $100-million foundation that will be devoted to making a free college education available to anyone -- through the Internet.

Mr. Saylor, 35, heads MicroStrategy, which creates so-called data-mining software that helps companies sort through and make sense of vast amounts of information on products, sales, and inventories. He will use technology to create

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