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Apple to invest US$1b in SoftBank fund

Foxconn Technology and Oracle's Mr Ellison also intend to contribute, according to a source.


APPLE Inc is planning to invest US$1 billion in SoftBank Group Corp's giant new technology fund, adding its name to a growing list of interested parties and giving the iPhone maker a new avenue to tap up-and-coming technologies.

Qualcomm Inc also said that it will...

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