Here’s how much of a hit Microsoft is taking on its investment in GM’s Cruise

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s Cruise robotaxi unit back in 2021.

Topics

GM to Shut Down Its Cruise Robotaxi Project

The company said it would now focus its efforts on developing fully autonomous vehicles for personal use.
The New York Times - 7h
GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars

The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its technology into its own vehicles’ autonomous driving features.
Inc. - 10h
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit
ABC News - 1d
Here’s How Much Cleaner Energy Could Save America, in Lives and Money

Widespread adoption of heat pumps could prevent thousands of premature deaths and save billions on energy bills, according to a new analysis.
The New York Times - 7h
How GM’s self-driving strategy is evolving as it gives up on Cruise business

General Motors has bailed on its Cruise robotaxis, citing the amount of time and money needed to scale the business and an “increasingly competitive” market for autonomous vehicles.
MarketWatch - 1d
Barry Keoghan hits back at ‘inhumane’ abuse and harassment of his family: ‘I can only take so much’

Irish actor says people have been ‘sitting outside’ the homes of his grandmother and two-year-old son after his reported split from singer Sabrina Carpenter. Barry Keoghan has deactivated his ...
The Guardian - 2d
Visiting Europe's Christmas markets? Here's how to do it — via a river cruise

A river cruise is a convenient way to explore some of the oldest and most famous Christmas markets in Europe, writes contributor Penny Sadler.
CNBC - Dec. 2

Here’s how much of a hit Microsoft is taking on its investment in GM’s Cruise

Topics

Related

GM to Shut Down Its Cruise Robotaxi Project

GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

Here’s How Much Cleaner Energy Could Save America, in Lives and Money

How GM’s self-driving strategy is evolving as it gives up on Cruise business

Barry Keoghan hits back at ‘inhumane’ abuse and harassment of his family: ‘I can only take so much’

Visiting Europe's Christmas markets? Here's how to do it — via a river cruise

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