The chance to dine with Warren Buffett costs $3.3 million this year.
That was the winning bid for a lunch with the billionaire investor in a weeklong charity auction that concluded Friday on eBay Inc.’s website. This year’s price was short of the $3.46 million record, ranking third in the event’s history. The winner wasn’t immediately identified by organizers.
Buffett, 87, has participated in the annual auction for almost two decades to benefit Glide, a San Francisco-based charity. The lunch with the investing guru generally brings in more than 10 percent of the organization’s budget and helps fund projects that address hunger, poverty and homelessness.
The winner of the auction gets to bring seven friends to a lunch with Buffett at Smith & Wollensky steakhouse in New York.
Facebook pulls the plug on ‘trending’ news section
NEW YORK >> Facebook is shutting down its ill-fated “trending” news section after four years, a company executive told The Associated Press.
The company claims the tool is outdated and wasn’t popular. But the trending section also proved problematic in ways that would presage Facebook’s later problems with fake news, political balance and the limitations of artificial intelligence in managing the messy human world.