General Motors pulling the plug on autonomous taxi biz hits Redmond in the wallet Microsoft is among those in the blast ...

Uber stock is swinging this week following news that General Motors is restructuring its Cruise unit. Here's what you need to ...

The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its ...

General Motors announced Tuesday it will no longer be funding its Cruise robotaxi operations after years of navigating ...

The company suspended the Cruise self-driving taxi service late last year after a vehicle struck and seriously injured a ...

General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of ...

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 ...

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 ...

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