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Reading: Is Apple buying Path?
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Is Apple buying Path?

BiGsAm
BiGsAm
Sep 10

According to reports that surfaced recently, Apple might be on the the verge of acquiring the social network”Path”.

Pando Daily, has reported that a source inside Apple’s engineering department  claims that the agreement between Apple and Path is “essentially a done deal.”
Pando Daily also suggested  that Path may make its way into the iOS Messaging platform if the deal is sealed.

The publication also pointed out that Path cofounder Dave Morin was seen sitting in the front row at Flint Center for Tuesday’s iPhone 6 keynote.

Path has been struggling to gain traction for the past few years and its recent round of funding reportedly bagged around $400 million in valuation, much less than a rumored $500 million valuation.

Full report from Pando Daily here.

 

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