December 12, 2024 - 11:39
In a significant shift, General Motors has decided to abandon its Cruise robotaxi project, following a series of controversies that have plagued the initiative. Just weeks after admitting to misleading federal investigators regarding an incident in San Francisco, where one of its robotaxis was involved in dragging a woman, the company faced scrutiny and backlash. This admission came alongside a hefty $1.5 million fine imposed on GM, further tarnishing its reputation in the autonomous vehicle sector.
Despite GM's withdrawal, other companies in the robotaxi space are continuing to push forward with their own projects. The autonomous vehicle industry remains vibrant, with several players committed to advancing technology and safety measures. As GM steps back, the focus now shifts to how competitors will navigate the challenges and opportunities in the evolving landscape of robotaxis. The departure of such a major player raises questions about the future of autonomous transportation and the regulatory hurdles that still need to be addressed.
July 8, 2025 - 09:59
Strategies for Leaders to Ensure Business ResilienceIn today`s unpredictable economic landscape, leaders must prioritize adaptability, cultivate long-term relationships, and enhance customer experience to future-proof their businesses. As market...
July 7, 2025 - 18:29
U.S. Imposes 25% Tariffs on Japan and South KoreaIn a significant economic move, President Donald Trump declared that the United States will implement a 25% tariff on imports from Japan and South Korea, effective August 1. The announcement, made...
July 7, 2025 - 00:20
Molly Shannon Supports Kenan Thompson as Potential Successor to Lorne Michaels at SNLMolly Shannon has expressed her strong belief that Kenan Thompson would be an ideal candidate to succeed Lorne Michaels as the showrunner of `Saturday Night Live.` Thompson, who joined the iconic...
July 6, 2025 - 08:25
San Diego Restaurant Owner Sounds Alarm Over Recent Burglary WaveA San Diego restaurant owner is urging fellow small business proprietors to remain alert following a burglary that occurred at his establishment early Thursday morning. This incident is part of a...