Automotive OEM General Motors is exiting the robotaxi business and combining its wholly owned Cruise Automation division into ...

Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...

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

General Motors' move suggests that billions in funding weren't enough in a still-developing part of the industry that has met with several setbacks and scepticism from wary drivers.

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

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 ...

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

GM has halted funding for Cruise's robotaxi program to focus on integrating its technology into GM's own autonomous vehicle ...

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 ...