Apple is reportedly eyeing off photo-based social networking site The Fancy as part of a play into the ecommerce market.
According to Business Insider, the move would a bigger opportunity for Apple to get more cash off the 400 million credit cards it already has on file, via its iTunes store.
The two-year old, 20-strong company takes 10 percent of all purchases on its site.
Neither Apple or The Fancy have commented on the report.
[Via Business Insider]
This article originally appeared at Stuff.tv
Copyright © Stuff.tv
Issue: 333 | November 2014
Access CRN's extensive online resources including; email bulletins, community discussions and unique online news.
Processing registration... Please wait.
This process can take up to a minute to complete.
A confirmation email has been sent to your email address - SUPPLIED GOES EMAIL HERE. Please click on the link in the email to verify your email address. You need to verify your email before you can log on to the CRN website or start posting comments on articles.
If you do not receive your confirmation email within the next few minutes, it may be because the email has been captured by a junk mail filter. Please ensure you add the domain '@crn.com.au' to your white-listed senders.