Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...

The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...

Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced ...

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...

DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...

The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...

A Cruise driverless robotaxi operating in San Francisco, California on ... [+] July 24, 2023. Anadolu Agency via General ...

General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others ...

GM bought into Cruise in 2016, when self-driving fever was at its peak. It had lofty goals of deploying robotaxis in a number ...

After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...