Cruise
Cruise and General Motors have entered a long-term strategic relationship with Microsoft (MSFT) to accelerate the commercialization of self-driving vehicles. The companies say that they will will bring together their software and hardware engineering excellence, cloud computing capabilities, manufacturing know-how and partner ecosystem to transform transportation to create a safer, cleaner and more accessible world for everyone.
Microsoft today announced that revenues for the quarter ended June 30, 2015 were $22.2 billion. Gross margin, operating loss, and loss per share for the quarter were $14.7 billion, $(2.1) billion, and $(0.40) per share, respectively.