Microsoft plans to take an $800 million charge after General Motors said it was shutting down its autonomous taxi initiative.

For many in the low-vision community, self-driving cars represent the zenith of accessibility; no longer must we be at the ...

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

Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...

Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.

Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...

General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...

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

Carmaker cites competition, time and costs needed to scale the business.

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 ...

EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on global ...

Microsoft said on Wednesday it would take an $800 million charge to write down its investment in Cruise—GM’s troubled ...