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China Taxi App Didi Gets $1 Billion from Apple

Apple will invest $1 billion in Chinese ride hailing app Didi Chuxing, the Beijing company said Friday as it vies with bitter U.S.-based rival Uber for market share in China.

The injection was the "single largest investment the company has ever received," said Didi, which dominates the Chinese car-hailing market and says it has a share of almost 90 percent.

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Study: New Tech Fueling Global Boom in Child Sex Tourism

Technology is transforming the global sex trade and making it easier than ever for travelers to prey on children, a landmark study on pedophiles warned Thursday.

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Microsoft Tells U.N. More Can be Done to Combat Digital Terror

Microsoft told the United Nations on Wednesday that technology companies can do more to combat digital terror, but warned there was no single solution to prevent terrorists from using the web.

"There is no silver bullet that will stop terrorist use of the Internet," Microsoft's vice president Steven Crown told a special Security Council debate on counter-terrorism.

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French National Rail Backs Futuristic Hyperloop

Hyperloop One startup, intent on zipping people along at near-supersonic speeds in pressurized tubes, announced Tuesday that the French national rail company had joined its growing list of backers.

Hyperloop One said that it raised $80 million in fresh funding from an array of investors, including GE Ventures and France's SNCF.

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Hyperloop Super-Fast Rail to Hit Milestone

Elon Musk's vision of a Hyperloop transport system that carries passengers in pressurized tubes at near-supersonic speeds is on track to hit a milestone on Tuesday.

Musk outlined his futuristic idea in a paper released in 2013, challenging innovators to bring the dream to life.

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Google News Shines Spotlight on Local Coverage

Google began Monday shining a spotlight on local reporting mixed in with the deluge of stories at its free online news aggregation website.

"Local Source" tags were added to Google News to let people opt for reporting done by news agencies that may be closer to the places, people and events involved in stories, according to product manager James Morehead.

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Report: Twitter Cuts Intel Agencies off from Analysis Service

Twitter has barred U.S. intelligence agencies from accessing a service that sorts through posts on the social media platform in real time and has proved useful in the fight against terrorism, the Wall Street Journal reported.

The newspaper, in its report Sunday evening, cited a senior U.S. intelligence official as saying that Twitter seemed worried about appearing too cozy with intelligence services.

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Facebook Wins China Trademark Suit

US social network Facebook has won a trademark case in China against a local company, state media reported Monday, weeks after a court ruled against tech giant Apple in a similar suit over its iPhone brand.

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Founder of Online Underworld Bank Gets 20 Years in Prison

The founder of an online underworld bank that allegedly laundered billions of dollars for criminals was sentenced Friday to 20 years in prison.

Arthur Budovsky, 42, had pleaded guilty to one count of conspiring to commit money laundering on January 29, three days before the scheduled start of his trial in New York.

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Self-Driving Cars in a Fast Lane, Says Fiat Chrysler Chief

Self-driving cars could hit roads within five years, the head of Fiat Chrysler Automobiles said Friday, days after the company announced an alliance with Google parent Alphabet.

Chief executive Sergio Marchionne declined to disclose financial details of the partnership or a timetable for building minivans that will expand the Internet company's test fleet of autonomous vehicles.

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