General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motor’s ...
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced ...
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
GM has robotaxi technology but no business. Tesla has a business but the tech doesn't work. This issue, along with ...
I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...
Five cruise lines under the Carnival brand have been named by an eco group as the least environmentally friendly cruise ...
Norwegian Cruise Line is working to replace several voyages after canceling winter cruises for 2025 and 2026. The reason for ...