Apple is Investing $1 Billion In SoftBank (yahoo.com)

Posted by msmash on Wednesday January 4, 2017 @09:00AM from the $$$ dept.

Apple said Wednesday it plans to invest $1 billion in SoftBank's new technology fund to help finance technologies it could use in the future. From a report: SoftBank has said it is investing at least $25 billion in the fund and has been in talks with Saudi Arabia's Public Investment Fund for an investment that could go up to $45 billion. "We believe their new fund will speed the development of technologies which may be strategically important to Apple," company spokesman Josh Rosenstock told Reuters. SoftBank has also said that it plans to make future large-scale investments via the tech fund, rather than on its own.

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Sprint? by zarmanto · 2017-01-04 09:22 · Score: 2

Potentially interesting context: Softbank owns Sprint. If I were to hazard a guess, I'd say that might well have a great deal to do with Apple's interest in Softbank...
1. Re:Sprint? by Anonymous Coward · 2017-01-04 09:57 · Score: 3, Insightful
  
  SoftBank also owns ARM. Although Apple design their own implementations, they're still dependent on the architecture specification.
Now I know their strategy... by fubarrr · 2017-01-04 15:39 · Score: 3, Interesting

Softbank buys everybody, Apple buys softbank. Voila, antitrust rules subverted