Apple reportedly held talks to invest up to $1bn in Softbank’s $100bn technology fund

Apple has held talks to invest in a Softbank technology ‘vision’ fund worth a total of $100 billion, according to Dow Jones (via CNBC). President-elect Donald Trump announced last week that Softbank will use about half of that money, around $50 billion, to invest in American businesses.

Apple’s cash pile is currently estimated to be worth more than $200 billion, with the majority kept outside of the United States. Apple does not have a history of investing in venture capital funds, so this is an interesting new direction for its capital. It’s not known how much Apple will contribute of the $100 billion total and the deal is still not confirmed.

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Filed under: Apple

tvOS 10.1 with new TV app now available for Apple TV

Apple has released the tvOS 10.1 software update for the fourth generation Apple TV. The latest software update includes Apple’s new single sign-on feature which lets you authenticate with your cable provider to unlock all compatible paid video apps. tvOS 10.1 also includes Apple’s new TV app which works with various video services plus iTunes movies and TV shows.

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Filed under: Apple