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

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

In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...

The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...

DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...

General Motors is officially ending its support for Crusie’s beleaguered fleet of self-driving “robotaxis.” In a surprise ...

General Motors is giving up on robotaxis eight years after taking control of Cruise in an increasingly competitive market for ...

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

GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...

GM pulls the funding for its robotaxi program and will focus on autonomous driving for personal vehicles instead.