Apple (AAPL) said also in talks with Lit Motors on takeover - NYT

September 21, 2016 12:41 PM EDT

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Apple (Nasdaq: AAPL) said also in talks with Lit Motors on takeover, according to the New York Times.

Lit Motors is a San Francisco start-up that has developed an electric self-balancing motorcycle.

Apple has already hired several Lit Motors employees in the past, according to the report.

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