It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway ...

Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...

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

General Motors' move suggests that billions in funding weren't enough in a still-developing part of the industry that has met with several setbacks and scepticism from wary drivers.

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

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...

In a post on the social media platform X (formerly known as Twitter) Cruise founder and former CEO Kyle Vogt lambasted ...

General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

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

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

DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...