Microsoft will take an $800M hit over Cruise robotaxi shutdown ...Middle East

GM’s decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company’s minority investors. Microsoft, which in 2021 made an investment into Cruise, will take $800 million impairment charge as a result of GM’s actions, according to a regulatory filing. Microsoft said the charge will be […] © 2024 TechCrunch. All rights reserved. For personal use only.

Hence then, the article about microsoft will take an 800m hit over cruise robotaxi shutdown was published today ( Thursday 12/12/2024 - 03:29 AM ) and is available on tech crunch ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Microsoft will take an $800M hit over Cruise robotaxi shutdown )

Also on site :

• 1971 Folk Classic, by 'Genius' Singer-Songwriter, Helped Define One of the 'Best Movies of the 21st Century'
• Costco Shoppers Are Racing to Grab This Ultimate Home Organization Item Before It Sells Out
• Funeral held for two Lebanese paramedics killed in Israeli attack