Apple confirms $1 billion investment in SoftBank tech fund – WSJ

People line up at an Apple store shortly before it opens in Beijing, China, January 3, 2017. REUTERS/Thomas Peter
More(Reuters) – Apple Inc confirmed its plans to invest $1 billion a tech fund being set up by Japan’s SoftBank Group Corp <9984.T>, the Wall Street Journal reported on Wednesday.
“We believe their new fund will speed the development of technologies which may be strategically important to Apple,” the Journal quoted Apple spokeswoman Kristin Huguet as say