The tech giant has been in talks with McLaren Tech**logy Group, the manufacturer of Formula 1 race cars and luxury sports cars, for a potential acquisition or strategic investment, the Financial Times reported Wednesday, citing three a**nymous sources familiar with the matter.*
The news comes just two weeks after reports that Apple had been backing away from plans to make its own self-driving cars. Apple had laid off dozens of employees involved and ended parts of the project, according to The New York Times. Proceeding reports speculated that Apple was focusing on building software and efficient batteries instead.* Read more...