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

Microsoft announced its minority investment in January 2021, joining Honda and other institutional investors. All told, the ...

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

Microsoft is set to take an $800 million hit due to General Motors’ decision to shut down its self-driving car subsidiary, ...

Honda has decided to end its involvement in a robotaxi joint venture with General Motors (GM) and Cruise in Japan. The move ...

Tumultuous Stretch As GM nurtured Cruise after buying it for $1.1 billion in 2016, it attracted billions in additional ...

While companies from third countries do not necessarily need to divest from China to invest in the U.S., they should be prepared for CFIUS scrutiny of their China operations ...

Shares in software provider ServiceTitan have closed their debut up 42 per cent in New York, wrapping up the US calendar for ...

Scale AI, a San Francisco tech startup worth $13.8 billion, was sued Tuesday and accused of exploiting and misclassifying ...

America's overdraft issuing bodies file a lawsuit challenging the Consumer Financial Protection Bureau's new decision.

Microsoft will record an $800 million impairment charge tied to its minority investment in General Motors' now-scrapped Cruise robotaxi program. Tesla gave back some of its recent gains as traders ...

Auckland CBD business owners are breathing a sigh of relief that a pedestrian bridge connecting Wynyard Quarter to the ...