General Motors says it will retreat from robotaxis “given the considerable time and resources would be needed to scale the ...

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 ...

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 expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' exit of the Cruise autonomous driving business, the tech ...

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 announced an $800 million impairment charge due to General Motors' termination of its Cruise autonomous vehicle program. GM's decision, a reversal from earlier optimistic projections ...

(Cruise Photo) 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 ...

MICROSOFT expects to record an impairment charge of around US$800 million in the second quarter of fiscal year 2025 over General Motors’ exit of the Cruise autonomous driving business, the tech giant ...

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 ...