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The Latest Breaking News from Cruise

Ford posts $827M loss in Q3 as it shuts down self-driving startup it backed

Ford Motor Co. posted an $827 million loss in the third quarter, dragged down by costs associated with the shutdown of a self-driving vehicle technology company the Blue Oval backed as a major investor.

Tribune News Service

Want a ride in an autonomous car? Try Lyft or Uber

Lyft and Uber are proving instrumental in rolling out driverless technology

Axios

Even After $100 Billion, Self-Driving Cars Are Going Nowhere

They were supposed to be the future. But prominent detractors—including Anthony Levandowski, who pioneered the industry—are getting louder as the losses get bigger.

Businessweek

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Top Financial Stories Friday, September 2: GM's Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..

Wall Street Journal

Benzinga

GM’s Cruise recalls self-driving software after June Crash

General Motors Co.’s Cruise self-driving car unit has recalled an older version of software used by its robotaxis at the time of a crash in San Francisco in June, according to federal transportation regulators.

Tribune News Service

Cruise at the Apollo Theatre review: Jack Holden’s ode to 80s queer culture is a one-man masterpiece

Jack Holden’s Cruise is a celebration of queer culture and a moving tribute to a generation lost to HIV

Evening Standard

General Motors' Cruise Robotaxi Unit Is Losing $5 Million A Day

If Cruise keeps burning money at the current rate, its cash reserves of $3.7 billion and $5 billion credit facility would run out in less than two years.

InsideEVs

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Cruise Robotaxi Passenger Taken To Hospital After Driverless Taxi Crash

This is the same Cruise autonomous vehicle crash we reported a few weeks ago, only now we have more details from from the SFPD.

InsideEVs

Cruise Robotaxi Whistleblower Claims Service Is Buggy, It Launched Too Early

The anonymous source who claims he is from within the company says the robotaxi service should have stayed in development longer.

InsideEVs

Feds Investigating Cruise Autonomous Car Crash That Caused Injuries

Details surrounding the incident remain unclear.

Motor1

GM's Cruise Self-Driving Car Crash Injured Multiple People

California just ruled that Cruise can collect fares from people taking rides in the car with no human safety driver. The crash may cause complications.

InsideEVs

Over A Dozen Cruise Driverless Taxis Blocked Traffic In San Francisco

It happened Tuesday night on Gough Street which was completely blocked on all lanes by autonomous cabs.

InsideEVs

GM's Cruise starts to charge for fares in San Francisco

Cruise LLC is officially open for business, offering driverless rides to paying customers on a small scale, CEO Kyle Vogt said Thursday on CNBC's "Squawk Box."

Tribune News Service

Benzinga Before The Bell: SpaceX Fires Staff Critical Of Musk, Snapchat Tests Subscriptions And Other Top Financial Stories Friday, June 17

Reuters London’s Gatwick Airport To Fly Lesser Number Of Flights During Summer Season

Benzinga

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Benzinga

GM Backed Cruise Is Giving Google, Tesla A Run For Their Money

General Motors Company (NYSE: GM) backed Cruise offered tough competition to Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google in the

The Hindu

Tesla leads in driver-assisted technology crashes: U.S. data

Automakers and tech companies reported more than 500 crashes since June 2021, when the National Highway Traffic Safety Administration issued an order requiring the information

Motor1

GM's Cruise Is The First Driverless Taxi Operating In A Major US City

A fleet of 30 Chevrolet Bolt taxis will be operating in San Francisco, California.

WEKU

Driverless taxis are coming to the streets of San Francisco

Regulators gave the Cruise service approval to charge passengers for driverless rides, a first for the state. Initially, the service will be available at night in less congested parts of the city.

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Benzinga

Morning Brief: Top Financial Stories Dominating on Friday, June 3

CNBC

Benzinga

GM's Cruise Becomes California's First Driverless Ride Service

General Motors Co’s (NYSE: GM) robotaxi venture Cruise said on Thursday it had secured a commercial permit to charge a fare for driverless rides, much ahead of rivals such as Tesla Inc (NASDAQ:

The Independent UK

California regulators approve state's 1st robotic taxi fleet

California regulators have given a robotic taxi service the green light to begin charging passengers for driverless rides in San Francisco

Axios

"Less is more" comes to big data

Big Tech is starting to limit the volume of data it grabs — but the industry keeps shipping new products that gobble up more info.

WEKU

Look closely at those white Jaguars in San Francisco — no drivers!

The vehicles have been under development for years, but Google-owned Waymo and Cruise, which is owned by General Motors, are now offering robot-driven cars to ferry passengers in San Francisco.

Benzinga

GM To Spend $2B On Self-Driving Startup Cruise This Year, Just A Permit Away From Charging Customers

General Motors Co (NYSE: GM) CFO Paul Jacobson said on Tuesday the company will spend about $2 billion on its self-driving taxi fleet Cruise this year.

Daily Mirror

Couple living on five-star cruise ships full-time - claiming it's cost-effective

Angelyn and Richard Burk have decided it is cheaper to stay for months on end on incredible cruise liners at a cost of just $90 per day for both of them - little over £30 each

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