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' decision to ditch its Cruise self-driving taxi company will cost minority stakeholder Microsoft $800 million.

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

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

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

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 ...

The fallout from General Motors ’ decision to move away from self-driving robotaxis is starting to spread. Microsoft said on Wednesday it would take an $800 million charge to write down its investment ...

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 ...

I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...

Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced ...

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...