General Motors Reaches Settlement with FTC Over Driver Data Privacy Concerns
2 months ago
In a significant move towards enhancing consumer privacy, General Motors (GM) has reached a settlement with the Federal Trade Commission (FTC) regarding allegations that it mishandled sensitive driver data. This resolution comes in light of growing concerns over how automotive companies manage personal information collected through modern vehicle technologies.
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Microsoft Faces $800 Million Charge on Stake in GM's Cruise
4 months ago
In a recent financial revelation, Microsoft Corp. has announced it will incur an $800 million charge related to its investment in Cruise, General Motors' autonomous vehicle subsidiary. This substantial write-down comes as part of the tech giant's broader strategy to adjust its investments in emerging technologies amidst an ever-evolving market landscape.
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