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

GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...

General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of ...

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

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...

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, ...

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...

While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...

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

GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.