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Microsoft will take $800 million charge on Cruise investment

Investopedia on MSN · 2h

Microsoft Expects $800M Impairment Charge After GM Axes Cruise Robotaxis

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in robotaxi startup Cruise after General Motors announced this week that it would halt the development of Cruise's autonomous vehicles.

Hosted on MSN · 11h

Microsoft Sees $800 Million Charge on Stake in GM’s Cruise

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

winbuzzer.com · 2h

Microsoft Loses $800M With GM Cruise Robotaxi Shutdown

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

Mobile World Live4h

Microsoft cruises to $800M GM self-driving hit

General Motors' decision to ditch its Cruise self-driving taxi company will cost minority stakeholder Microsoft $800 million.

8hon MSN

Microsoft to take $800 million hit from this sudden U-turn by General Motors

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

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