Microsoft announced an $800 million impairment charge due to General Motors' termination of its Cruise autonomous vehicle ...
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 ...
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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 ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority ...
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 ...