Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the development of Cruise autonomous vehicles.The tech giant and others ...

Zinger Key Points. Microsoft to record an impairment charge of $800 million in the second quarter of fiscal 2025. This follows General Motors exit from funding Cruise‘s robotaxi development.

Dec 11 (Reuters) - Microsoft (MSFT.O), opens new tab expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' (GM.N), opens new ...

General Motors said it expects to incur more than $5 billion in impairment charges and writedowns in the fourth quarter related to its joint venture with China's SAIC Motor.

GM’s revenue increased by 11.0% to $47.7bn for the quarter ending 31 December 2024. Credit: Paper and Lens Co/Shutterstock. General Motors (GM) has reported a loss of $2.96bn in the fourth ...

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in robotaxi startup Cruise after General Motors announced this week that it ...

(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 ...