Uber stock extended its weekly losses to 7.27% after news broke that General Motors would be shutting down its autonomous ...
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
Honda Motor Company confirmed that it will no longer participate in a self-driving taxi partnership with General Motors Company.
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 ...
The president-elect had blasted the tech tycoon during the presidential campaign, but ties have been improving. Adobe forecast first-quarter revenue between $5.63 billion to $5.68 billion, below Wall ...
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After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
Cruise co-founder and former CEO Kyle Vogt had some choice words for GM on X after the company announced it was pulling out of the robotaxi venture.
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...