General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...

Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...

General Motors CEO Mary Barra says she's still bullish on her company's prospects amid challenges with EVs and issues with ...

Microsoft announced an $800 million impairment charge due to General Motors' termination of its Cruise autonomous vehicle ...

Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...

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

EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on global ...

EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on global ...

The fallout from General Motors ’ decision to move away from self-driving robotaxis is starting to spread. Microsoft said on Wednesday it would take an $800 million charge to write down its investment ...

GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority ...

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

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