Microsoft (MSFT) expects an $800 million charge from its minority stake in General Motors (GM) now shut down the robotaxi unit. The tech giant made a strategic investment in the robotaxi business to ...

Meta, the parent company of Facebook and Instagram, said it has donated $1 million to President-elect Donald Trump’s inauguration fund. The donation comes just weeks after ...

The Lovesac Company (NASDAQ:LOVE) shares are trading lower in the premarket session on Thursday. The company reported a third ...

Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.

General Motors announced the closure of its robotaxi program and sent shares of Uber a former partner, into a spiral. Uber ...

In this week's SBJ Tech newsletter, we highlight some forward-looking thoughts from recent C-suite hires at digital firm ...

Apple (NASDAQ:AAPL) and Broadcom (NASDAQ:AVGO) announced a new AI chip cooperation this week, which is good news for Broadcom ...

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...

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