Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' exit of the Cruise autonomous driving business, the tech giant said in a filing on Wednesday.
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now ...
Uber stock took another hit Wednesday from investors with robotaxi jitters after GM said it would shut down Cruise.
General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle ...
OpenAI is in discussions to remove a clause that shuts Microsoft out of the start-up's most advanced models when it achieves ...
MICROSOFT expects to record an impairment charge of around US$800 million in the second quarter of fiscal year 2025 over ...
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