Apple Rumored To Acquire ‘The Fancy’ Social Commerce Site
According to Rumors Apple is in talks to buy a very famous social sharing and commerce network called The Fancy. The Fancy is a blog, part store, magazine and wish list an alternative for Pinterest, users can discover cool new stuff, share it with a click. It also allows the user to buy it. All the news rumors started rolling out when Apple CEO Tim Cook was seen at Sun Valley conference talking to Joe Einhorn, The Fancy’s CEO almost a week ago. There has been no news on how much Apple is offering for this Social Network cum e-Commerce site. According to reports The Fancy is worth over a $100 Million Dollars.
According to BusinessInsider
Apple has made its relation quite stronger with Facebook and Twitter by integration it in the new iOS5.