GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving ...

Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ ...

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

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

Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...

General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...

The fallout from General Motors ’ decision to move away from self-driving robotaxis is starting to spread. Microsoft said on Wednesday it would take an $800 million charge to write down its investment ...

Microsoft (MSFT) expects an $800 million charge from its minority stake in General Motors (GM) now shut down the robotaxi unit. The tech giant made a strategic investment in the robotaxi business to ...

Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...

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

GM announced this week that it will no longer pursue the Cruise robotaxi business. (Cruise Photo) Microsoft will take an $800 million charge on its ...

Microsoft announced its minority investment in January 2021, joining Honda and other institutional investors. All told, the ...