Microsoft's Bill Gates had some words of praise today for Steve Jobs, the CEO of arch-rival Apple, despite the blistering "Mac and PC" television ads that sharply, and humorously, criticize the new Windows 7 operating system.

Here's another highlight from today's taping of Warren Buffett and Bill Gates: Keeping America Great, a 90-minute CNBC Town Hall Event hosted by Becky Quick.  It airs tonight (Thursday) on CNBC television at 9p and 12:30a ET.

• Warren Buffett and Bill Gates Share Their 'Optimism' With Eager Columbia Business Students

David Matthews of Columbia Executive Business school had this question for Bill Gates:

QUESTION: If you could just comment and tell us what your thoughts are on the job Steve Jobs has done as the CEO of Apple?  (Audience laughs as Gates smiles.)

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