Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced it would no longer fund the initiative as part of a shift in its ...

Microsoft is among those in the blast radius of General Motors' decision to wind up its autonomous taxi business, Cruise.… In a filing made to the US Securities and Exchange Commission (SEC ...

Microsoft to record an impairment charge of $800 million in the second quarter of fiscal 2025. This follows General Motors exit from funding Cruise‘s robotaxi development. What Happened ...

Microsoft Corp. on late Wednesday warned investors that it will be taking a $800 million charge related to its investment in General Motors Co.’s Cruise robotaxi unit. Microsoft MSFT and others ...

Smith Collection / Gado / Getty Images Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the development of Cruise autonomous vehicles.

Microsoft, which in 2021 made an investment ... said Wednesday it will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan. Kirsten Korosec is a ...

Dec 11 (Reuters) - Microsoft (MSFT.O), opens ... the second quarter of fiscal year 2025 over General Motors' (GM.N), opens new tab exit of the Cruise autonomous driving business, the tech giant ...

Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting ... said it will no longer fund the operation, Cruise, citing the high costs to develop the ...

Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the development of Cruise autonomous vehicles. The tech giant and others like Honda and ...

Microsoft plans to take an $800 million charge after General Motors said it was shutting down ... Microsoft had announced a minority investment in Cruise in January 2021, part of a $2 billion ...