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GM dumps Cruise robotaxi plans
Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company’s
GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis for Cruise.
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 unit
Microsoft will take $800 million charge on Cruise investment
General Motors Says It’s Pulling Cruise Out of the Robotaxi Business
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.
Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business
Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced it would no longer fund the initiative as part of a shift in its autonomous driving strategy.
Here’s how much of 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.
1h
on MSN
Forget cruise ships — Carnival is spending big on private island resorts
Carnival Corp is pouring more than $600 million into expanding its real estate portfolio, which includes a private island and ...
17h
on MSN
The end of Cruise is the beginning of a risky new phase for autonomous vehicles
I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...
2h
on MSN
Uber Stock Is Rebounding Day After GM Scrapped Cruise Robotaxi Program
Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...
21h
Did Norwegian cancel your cruise for 2025, 2026? Here's why
Norwegian Cruise Line is working to replace several voyages after canceling winter cruises for 2025 and 2026. The reason for ...
1d
on MSN
Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
5h
Top Russian Cruise Missile Maker Assassinated in Moscow: Reports
Mikhail Shatsky, a Russian engineer behind the X-59 and X-69 cruise missiles, was shot dead in the capital, according to ...
1d
GM is killing Cruise robotaxis
General Motors is officially ending its support for Crusie’s beleaguered fleet of self-driving “robotaxis.” In a surprise ...
21h
Should Tesla Buy Cruise, And Other Strange Wonderings
GM has robotaxi technology but no business. Tesla has a business but the tech doesn't work. This issue, along with ...
1d
Why GM pulled the plug on Cruise after spending $10 billion on robotaxis
General Motors is giving up on robotaxis eight years after taking control of Cruise in an increasingly competitive market for ...
Daily Express
58m
Famous cruise ship bigger than the Titanic to be sunk and abandoned for incredible reason
A legendary
cruise
ship bigger than the Titanic that has been left to rot for 30 years in Philadelphia could soon find its ...
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