Latest in Here’s how big a hit Microsoft is taking on its investment in GM’s Cruise
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Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi
Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.The Wall Street Journal - 13h -
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 - 18h -
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. - 21h -
Kevin Ryan Has Invested in More Than 180 Startups. Here’s What He Says Founders Should Focus On
A founding father of New York City’s tech scene explains his unconventional investment philosophy and outlook for venture capital in 2025.Inc. - 23h -
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 unitABC News - 1d -
General Motors Cuts Funding to Cruise, Nixing Its Robotaxi Plan
The automaker has sunk billions into making a self-driving car service work. Now it says it will focus on “personal” autonomous vehicles instead.Wired - 1d -
Here’s what to make of Trump’s promise of expedited permits for big investments
Analysts have been assessing President-elect Donald Trump’s promise — which called out environmental permits in particular — and they’re concluding that while he’s sending a clear signal, the ...MarketWatch - 12h -
Here’s how big 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.MarketWatch - 13h -
Make these 3 big gold investing moves before 2025, experts say
If you want to invest in gold by year's end, here's how (and how not) to do it, according to experts.CBS News - 21h -
GM gives up on loss-making Cruise robotaxi business
STORY: General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the loss-making unit, which had once been a top priority. GM said ...Yahoo Sports - 1d -
GM exits robotaxi market, will bring Cruise operations in house
General Motors will no longer fund its Cruise division's robotaxi development, effectively pulling out of the market.CNBC - 1d -
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 -
GM to stop funding troubled Cruise autonomous vehicle unit
General Motors says it will move away from the robotaxi business and cease funding its money-losing Cruise autonomous vehicle division that originated as a San Francisco start-up.CBS News - 1d -
DeMarvion Overshown's 'country' and 'bulldozer' personality a big hit for Cowboys
The linebacker has been a difference-maker for Dallas after missing his rookie season with a torn ACL.ESPN - 2d -
How Microsoft Decides When Xbox Games Come To PlayStation
The newest big Xbox exclusive game, Indiana Jones and the Great Circle, is officially available for everyone today, December 9--that is, if you own an Xbox or a PC or subscribe to Game Pass ...GameSpot - 2d -
Ducks outlast PSU, 'take over' as Big Ten champs
In its first year in the Big Ten, Oregon "took over the conference," outlasting Penn State 45-37 to win the Big Ten championship and likely secure the Ducks the top seed in the College Football ...ESPN - 3d -
Curious about bitcoin after it hit $100,000? Here’s what to know.
Learn more about investing in bitcoin after its value soared to new heights this week, extending a post-election surge as Trump vows to boost cryptocurrencies.NBC News - 3d -
Why Is Microsoft Corp. (MSFT) Among the Best Tech Stocks for Long Term Investment?
We recently compiled a list of the 10 Best Tech Stocks For Long Term Investment. In this article, we are going to take a look at where Microsoft Corp. (NASDAQ:MSFT) stands against the other tech ...Yahoo Sports - 5d -
Here's what to know before taking your first required minimum distribution
Most retirees must begin required minimum distributions at age 73. Here's what to know before making your first withdrawal.CNBC - 5d -
Microsoft Copilot Vision is here, letting AI see what you do online
In the long run, the company may even expand these capabilities to other products in its ecosystem, allowing enterprise users to work and make decisions more easily.VentureBeat - 5d -
OpenAI seeks to unlock investment by ditching ‘AGI’ clause with Microsoft
Start-up discusses removing provision to protect powerful technology from being misused for commercial purposesFinancial Times - 5d -
Lululemon has a problem in the U.S., but here’s one thing that’s going its way
Overseas sales jump 33% and boost Lululemon’s bottom line.MarketWatch - 6d -
Chanel Takes Its Métiers d’Art Show to China, for 1,100 Guests.
The house goes all out for its V.I.C.s.The New York Times - 6d -
GM loses its golden goose in China
With a slowing market fuelling a price war between local brands, the party for foreign carmakers looks over for nowFinancial Times - 6d -
How Microsoft defends against 7000 password attackers per second
Vasu Jakkal's reflects how AI is the core DNA of Microsoft security, permeating every product and service the software giant produces.VentureBeat - Dec. 5 -
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.The Wall Street Journal - Dec. 4 -
GM takes more than $5bn charge against China businesses
Move lays bare declining future in what was once the US carmaker’s largest marketFinancial Times - Dec. 4 -
Agent's Take: Biggest individual dead money charges in 2024, including Broncos' big hit from Russell Wilson
The Steelers are reaping the benefits of Wilson's comeback at a discount rateCBS Sports - Dec. 4 -
American families will be big losers if the world ditches the dollar. Here’s what’s at stake.
Pay now or pay later: U.S. must defend its allies or the dollar could lose the reserve currency status that American consumers enjoy.MarketWatch - Dec. 3 -
Texans coach DeMeco Ryans, GM defend Azeez Al-Shaair after violent hit on Trevor Lawrence
Ryans defended the hit, blamed the Jaguars for overreacting and lauded Al-Shaair's leadershipCBS Sports - Dec. 3 -
How a gold investment could boost your portfolio in 2025
Gold can be a valuable asset to add to your portfolio ahead of the new year. Here's why.CBS News - Dec. 3 -
Travel Tuesday deals are here — 5 tips for booking the best flights, cruises and other discounts
What to know about Cyber Week’s latest sales event, which is supposed to be the Black Friday or Cyber Monday of travel deals.MarketWatch - Dec. 3 -
Watch WIRED’s Big Interview Event Right Here
On December 3, WIRED sat down with some of the biggest names in technology, business, science, and beyond for a full day packed with in-depth conversations.Wired - Dec. 3 -
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 Many PS2s Sony Made In Its Lifetime
The PlayStation 2 is the best-selling console of all time, and now the exact number of units produced has been confirmed by a former PlayStation executive.. Over on Twitter , an image was floating ...GameSpot - Dec. 2
