Starbucks Says Straws Suck and Zuckerberg Bumps Buffett. 3 Things to Know Today.Stay in the know in 60 seconds.

ByDan Bova•

  1. Starbucksannounced that it will eliminate plastic straws by the year 2020. Alternative-material ones and recyclable strawless lids will replace the more than 1 billion plastic straws used at its locations every year.
  2. It's official, Facebook CEOMark Zuckerbergis now the third-richest person in the world, bumping down Warren Buffett. The 34-year-old is worth$81.6 billion. Damn young whippersnappers.
  3. Grouponis up for sale. How much, you ask?In 2011 it was worth more than $16 billion. Today, Groupon is valued at just $2.4 billion. Hey, discounts are what Groupon does best.

Watch the previous 3 Things to Know video:Elon Musk, the Latest iPhone RumorsandSex in Space!

Wavy Line
Dan Bova

Entrepreneur Staff

VP of Special Projects

Dan Bova is the VP of Special Projects at Entrepreneur.com. He previously worked at Jimmy Kimmel Live, Maxim and Spy magazine. Check out his latesthumor books for kids, includingWendell the Werewolf,Road & Track Crew's Big & Fast Cars, andThe Big Little Book of Awesome Stuff.

Editor's Pick

Related Topics

Groupon Starbucks Mark Zuckerberg News and Trends Warren Buffett 3 Things To Know

Most Popular

See all
Data & Recovery

Get 1TB of Cloud Storage for Life for $119.97 With This Back-to-School Sale

This 1TB Cloud Storage Solution Is Only $119.97 for Back to School

By Entrepreneur Store
Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

By Cheryl Snapp Conner
Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.

By Madeline Garfinkle
Leadership

This Common Leadership Habit Will Harm Your Credibility. Are You Guilty of It?

As leaders, we're always looking for ways to build credibility among peers and employees. But this easy-to-make mistake can ruin it in an instant.

By Entrepreneur Staff
Business News

McDonald's Is Launching a Spinoff Restaurant Chain Based on a Beloved, Blast-From-the-Past Mascot

The company saw a lot of success with another former mascot, Grimace, in June.

By Amanda Breen
Growing a Business

We're Now Finding Out The Damaging Results of The Mandated Return to Office — And It's Worse Than We Thought.

Companies knew the mandated return to the office would cause some attrition, however, they were not prepared for the serious problems that would present.

By Gleb Tsipursky