RUMOR: Apple Interested In Acquiring Fancy
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Apple is currently in talks to acquire social network Fancy according to BusinessInsider. The Fancy is a rival to Pinterest and users are encouraged to “fancy” products like clothes and places. Sometimes the products that are displayed on the website have discounts, making the website an e-commerce platform. Apple CEO Tim Cook is a verified user of Fancy and he recently had a meeting with the creator of the service, Joe Einhorn, at a recent conference in Sun Valley. The Fancy is based in New York and has 20 employees.