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Enterprise software juggernaut Microsoft, like most tech stocks, has gotten off to a nice start in the final month of 2024.

(Cruise Photo) 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 ...

Smith Collection / Gado / Getty Images Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the development of Cruise autonomous vehicles.

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Microsoft MSFT-0.51%decrease; red down pointing triangle will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.

(Bloomberg) -- Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi initiative. GM this week said it will no longer fund the ...

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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) this week, ...

(Reuters) - Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' exit of the Cruise autonomous driving business ...