Zaheer Kachwala / Reuters:

Filing: Microsoft expects an $800M charge in Q2 2025 over GM's exit of the Cruise robotaxi business, after acquiring a minority stake in Cruise in January 2021  —  Microsoft (MSFT.O) expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' …

Zaheer Kachwala / Reuters:

Filing: Microsoft expects an $800M charge in Q2 2025 over GM's exit of the Cruise robotaxi business, after acquiring a minority stake in Cruise in January 2021  —  Microsoft (MSFT.O) expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' …

Source: TechMeme
Source Link: http://www.techmeme.com/241211/p46#a241211p46