Feeds

Deflation hits Tim Cook – date with him now costs only half as much

$330,001 for lunch with Apple boss, less for other tech execs

Security and trust: The backbone of doing business over the internet

The annual charity auction of executive meetings has seen Tim Cook's value cut by half, but he's still head-and-shoulders more popular than anyone else in the tech industry with buyers.

The opportunity for lunch with the Apple boss at Cupertino, and a front seat at the next big Apple technology launch, was auctioned off for the Robert F. Kennedy Center for Justice and Human Rights. Cook's time went for $330,001, barely half the $610,000 someone paid just to have coffee with Apple's big boss last year.

Cook's crumbling charity value could have been a lot worse. With 24 hours to go, the price of lunch was standing at just $180,000, but there were auction snipers out there and a series of nine bids came in before the anonymous spender bagged their prize.

One possible reason for the fall-off in Cook's charity charms is that the organizers instituted a credit checking system into the bidding process. It's believed that some spoof bidding last year may have affected Cook's final tally.

Other technology executives fared much less well than the Apple supremo. AOL boss Tim Armstrong offered up lunch, a guided tour of the Huffington Post's offices, and a taped interview on the topic of the winner's choice (just don’t ask him about that phone call) but as of yesterday got no bids. Someone has now offered $3,500, saving Armstrong some face.

David Fischer, Facebook's VP of advertising and global operations, only managed to raise $2,500 for the chance to sit down at the firm's Menlo Park headquarters for lunch with three guests.

Outside of the technology industry, a mystery punter paid $70,500 for lunch with former Federal Reserve chairman Ben Bernanke at a restaurant of his choice. Former US Treasury Secretary Tim Geithner also put himself up for a lunch date auction, and raised $50,000.

There's still time to get some bidding in on some of the other lots, however. Meeting Cher backstage at one of her concerts (plus two tickets) is currently standing at $8,500 and a three night stay at Robert Redford's Sundance resort is yours for just over $1,000. No one has bid yet on tickets to see the Backstreet Boys in concert. ®

New hybrid storage solutions

More from The Register

next story
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.