Category: Business News

Apples invests $1B in SoftBank Vision Fund

Apple is investing $1 billion in a new fund that will work on developing new, strategically important, technologies, the company said Apple has worked closely with SoftBank for many years and believes the new fund...

Amazon’s rumored bid for American Apparel

Amazon is reported to be in the run to acquire American Apparel’s bankrupt business. The rumored deal immediately raised speculation about Amazon’s growing ambitions in the fashion business. But an acquisition of the struggling...