Remains of the Day: 'Tis better to give than receive

10.12.2010
We’re all about giving today: Zuck’s giving away his virtual fortune, Costco’s giving up Apple products, Apple’s trying to give Steve Jobs some money, and Chinese housewives are trying to give the gift of black market iPads. We’ll give you all of this and more in the remainders for Thursday, December 9, 2010.

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Facebook co-founder and CEO Mark Zuckerberg is among the 16 new billionaires who have pledged to give the majority of their wealth to charity as part of the “Giving Pledge” organized by Warren Buffet and Bill Gates. Unfortunately, as Zuckerberg’s company isn’t public and his wealth is mainly valued based on holdings, his charitable donation will be made in .

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Wholesaler Costco announced in its recent quarterly earnings that it has reached a mutual consensus with Apple to phase out sales of the company’s products, due to an inability for Costco to offer large discounts or sell the products online. Really, though, Costco was disappointed when it turned out that it couldn’t sell crates of two hundred iPads alongside enormous packs of toilet paper.

(AppleInsider)