The new investment could help Lyft better compete with bigger rival Uber in the race to grab people seeking an alternative to traditional taxi service.
Apple plans to boost the amount of cash it's returning to shareholders by 54 percent to $200 billion, but that doesn't seem to be enough for Carl Icahn.
The activist investor, who believes Apple shares should be valued at $216, called for Apple to boost its buybacks, using its huge stockpile of cash.
In an open letter to Apple CEO Tim Cook, activist investor Carl Icahn says the stock is worth double its current trading price.
The billionaire activist investor has a history with Apple, including getting CEO Tim Cook to take steps such as boosting the company's share repurchases.
Uber may have some competition in China from its US rival as Lyft links up with Didi Kuaidi to let travelers use their apps interchangeably.
The company wants investors to simply discard any proxy card sent to them from Carl Icahn in advance of the annual meeting in May.
Thanks to the success of the iPhone, Apple has nearly $203 billion in cash. That could go a long way.
The digital-payments company should see a bright future as a standalone business, in contrast to former parent eBay's need for a turnaround.
Just before eBay and PayPal will split up Friday, eBay signs a deal to ditch another distraction from its focus on its marketplace.