Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
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, ...
Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...
Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi ...
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The fallout from General Motors ’ decision to move away from self-driving robotaxis is starting to spread. Microsoft said on Wednesday it would take an $800 million charge to write down its investment ...
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving ...
Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced ...
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...
Microsoft will record an $800 million impairment charge tied to its minority investment in General Motor's now-scrapped robotaxi program Cruise. The tech giant expects to incur the charge, which is ...