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Facebook reach growing, Apple looking at ways to expand company

INDIANAPOLIS (WISH) – More and more people are signing up and logging onto Facebook.

The social media site continues to add users at a rapid pace. More than 1.5 billion people now use Facebook monthly.

Apple is hoping to shake off recent stagnation. The company is looking at options to grow the company and one of those options could be the acquisition of a new company.

The technology giant is not saying what specific kind of company they may be looking to acquire, but experts say Fitbit or Dropbox may be possibilities.

These are just some of the stories making headlines in the business world.

For more on these and stories about Amazon and Ebay, click on videos.