Apple is spending billions on a new super-fast network to compete with Google, Amazon, and Microsoft (AAPL)

Apple plans to build its own high-speed network to deliver services such as Siri, iTunes, and iCloud among others to consumers, according to Bloomberg. Apple currently relies on traditional network providers to power its online services, but creating a network of its own would allow it to compete directly with companies such as Amazon, Microsoft, and Google -- all of which have made big bets on bolstering their cloud services in recent years. Apple plans to continue working with the service prov...