Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

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

Adobe forecast first-quarter revenue between $5.63 billion to $5.68 billion, below Wall Street's consensus. The president-elect had blasted the tech tycoon during the presidential campaign, but ties ...

After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...

Cruise co-founder and former CEO Kyle Vogt had some choice words for GM on X after the company announced it was pulling out of the robotaxi venture.

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...

While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...

GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.

Shares of Lyft should find more support from the stock’s 200-day moving average currently at $14.78, but that support will ...

Cruise robotaxis first popped up on Dallas streets in October 2023 following the start of operations with public riders in Austin. But a Cruise-involved pedestrian crash in San Francisco put ...

After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...

General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...