Apple confirmed it’s putting $1 billion into the SoftBank fund that Donald Trump loves

Apple is indeed investing some of its cash in a SoftBank fund that has won praise from President-elect Donald Trump for promising to put $50 billion into US tech companies. “Apple is planning to invest $1 billion in SoftBank’s Vision Fund,” Apple said. “We've worked closely with SoftBank for many years and we believe their new fund will speed the development of technologies which may be strategically important to Apple.” The move could help the company get some goodwill from Trump, who has criticized the company for its privacy stance and called on the company to start making iPhones in the US, something that is unlikely to happen.