Hosted on MSN1mon
Cruise shutdown blastzone increases – Microsoft takes $800M charge
Microsoft is among those in the blast radius of General Motors' decision to wind up its autonomous taxi business, Cruise.… In a filing made to the US Securities and Exchange Commission (SEC ...
Hosted on MSN1mon
Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business
GM owns about 90% of Cruise. A former Microsoft exec, Marc Whitten, was named CEO of Cruise earlier this year. The automaker said this week that it will combine Cruise and its internal teams into ...
GM Authority1mon
Microsoft Expects $800 Million Impairment Charge From GM Cruise Robotaxi Operations Shutdown
Microsoft expects an $800 million impairment charge as the result of GM’s decision to end Cruise robotaxi operations. The impairment charge is expected in the second quarter of the 2025 calendar ...
Wall Street Journal1mon
Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi Program
Microsoft MSFT1.28%increase; green up pointing triangle will record an $800 million impairment charge tied to its minority investment in General Motor’s now-scrapped robotaxi program Cruise.
Shacknews13d
ShackStream: Cruising along the Amazon River in MSFS 2024
It's a new year and a new opportunity to see how Microsoft Flight Simulator 2024 feels when flying low and slow over the ...