Apple to buy Pinterest rival The Fancy

If you haven’t tried Pinterest, you soon may not have to as Apple is in talks to buy up its competition, The Fancy.

The Fancy is a social networking site that lets you snap photos, or save online pics, of what interests you and post it to a blog-come-wall. Apple seems to be moving onto Facebook turf, but according to Business Insider who broke the story, it’s just a method of getting more cash off the 400 million credit cards it already has on file.

Despite Pinterest growing fast, recently doubling its unique daily visitors to 4 million, The Fancy is better built for money – taking 10 percent of all purchases on the site. Perhaps we’ll be seeing a new side to Photo Stream in iOS 6 when the iPhone 5 launches on September 12th. Hold onto your credit cards.

[Via Business Insider]
You may also like
Wi-Fi radar can see through walls, and you
Zippo Woodsman is four tools in one
Usain Bolt's gadget life