Latest in Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi Program
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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 - 8h -
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 - 8h -
'The Golden Bachelor' star Gerry Turner says he has incurable cancer
Gerry Turner, star of the "The Golden Bachelor," said he has been diagnosed with an incurable form of bone marrow cancer.NBC News - 10h -
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 - 13h -
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. - 16h -
General Motors Scraps Cruise Robotaxi Program
Carmaker cites competition, time and costs needed to scale the business.The Wall Street Journal - 1d -
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 -
GM shuts down robotaxi project to focus on autonomous vehicles
General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully autonomous personal vehicles. Cruise, GM’s self-driving car ...The Hill - 15h -
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 - 23h -
General Motors pulls plug on robotaxi business
After the announcement, the project's co-founder posted on social media "GM are a bunch of dummies."BBC News - 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 -
Microsoft 365 suffers outage Tuesday morning
Microsoft 365 users reported being unable to access essential apps Tuesday morning.CBS News - 1d -
Bain Capital-Backed Kioxia Sets Offering Price for $800 Million IPO
The Japanese chip maker produces NAND flash-memory chips used in smartphones, computer servers and other devices.The Wall Street Journal - 2d -
Leinster spark into life and cruise past Bristol
Leinster begin their pursuit of a fifth Investec Champions Cup crown with a ruthless second half display to claim a bonus-point victory over Bristol Bears at Ashton Gate.BBC News - 3d -
‘Moana 2’ cruises to another record weekend and $600 million globally
“Moana 2” remains at the top of the box office in its second weekend in theaters as it pulled in another record haulABC News - 3d -
Why Disney Is Plowing Cash Into a Cruise Line Expansion
The entertainment titan plans to launch seven new cruise ships by 2031, looking to overseas markets far from theme parks.The Wall Street Journal - 3d -
Saints cruise past Castres to claim bonus point
Northampton Saints kick-start their Investec Champions Cup campaign with a comfortable bonus-point victory over Castres at a blustery Franklin's Gardens.BBC News - 4d -
Trump’s Social Security pick is a CEO with no government experience. Can he guide a troubled program 67 million Americans rely on?
Experts wonder if Fiserv CEO Frank Bisignano’s business background will help — or hurt — Social Security.MarketWatch - 4d -
OpenAI Considers Revising AGI Arrangement With Microsoft
The Sam Altman-led company might end up licensing artificial general intelligence technology to Microsoft after all.Inc. - 5d -
Uber will offer robotaxi rides in Abu Dhabi through partnership with WeRide
Uber said robotaxi rides will be available between Saadiyat Island and Yas Island, as well as routes to and from Zayed International Airport.CNBC - 5d -
Boeing plea deal tied to fatal crashes rejected
The deal undermines the court and involves "contradictory" diversity requirements, a judge ruled.BBC News - 6d -
Waymo to expand to Miami, aims to launch robotaxi service there in 2026
Waymo is setting its sights on its next location: the Sunshine State.NBC News - 6d -
Waymo unveils plan to bring its robotaxi service to Miami
Waymo is gearing up to bring its robotaxi service to Miami which will accelerate an expansion that’s been happening while its hobbled rivals remain in its rearview mirrorABC News - 6d -
Waymo to expand to Miami, aims to launch robotaxi service there in 2026
Waymo says it's setting its sights on the Sunshine State for its next expansion.CNBC - 6d -
Leaded gas tied to millions of excess cases of psychiatric disorders, study suggests
The U.S. population experienced an estimated 151 million excess mental health disorders attributable to exposure to lead from car exhaust, according to a study.NBC News - Dec. 4 -
Mexico's Senate votes to charge cruise ship passengers $42 per head for port calls
Mexico's Senate has voted to charge cruise ship passengers $42 per head for port calls, drawing sharp criticism from the tourism industryABC News - Dec. 4 -
Satanic Temple starts religious release program in Ohio
A new religious release program for students is entering public schools in Marysville, Ohio, and this one emphasizes Satanic studies.The Hill - Dec. 4 -
University of Michigan Weighs Changes to Its Diversity Program
The school is one of higher education’s biggest supporters of D.E.I. Now it’s considering a new approach as critics question the program’s success and impact on campus life.The New York Times - Dec. 4 -
China’s ties with Saudi Arabia buoyed by green tech
Warming relations between Xi Jinping and Saudi crown prince complicate outlook for Trump administrationFinancial Times - Dec. 4 -
FTC Opens Microsoft Antitrust Inquiry
It will fall to the incoming Trump administration to pursue or drop the investigation.Inc. - Dec. 3 -
FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop
Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump ...ABC News - Dec. 2 -
Are Airline Loyalty Programs Worth It?
Some travelers, frustrated with changing airline rewards programs, have stopped chasing status and adopted different strategies when booking flights and using credit cards.The New York Times - Dec. 2
