meta_pixel
Tapesearch Logo
Log in
WSJ Tech News Briefing

TNB Tech Minute: General Motors Scraps Cruise Robotaxi Program

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 10 December 2024

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus, the European Union looks into Google ads targeting teens. And Games Workshop Group reaches an agreement with Amazon Content Services for its popular Warhammer game. Belle Lin hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

exchanges, the Goldman Sachs podcast featuring exchanges on the forces driving the markets and the economy,

0:07.8

exchanges between the leading minds at Goldman Sachs. New episodes every week. Listen now.

0:16.3

Here's your TNB Tech Minute for Tuesday, December 10th. I'm Bellin for the Wall Street Journal.

0:23.3

General Motors is scrapping its cruise Robotaxi program.

0:27.3

It cited the time and costs needed to scale the business and rising competition from other autonomous driving competitors.

0:36.3

GM said it plans to realign its autonomous driving strategy

0:40.4

and give priority to development of advanced driver assistance systems. The automaker said it will

0:47.2

also pursue a path for fully autonomous personal vehicles and build on the progress of its

0:53.2

supercrues, hands-off, eyes-on driving feature.

0:56.5

The company said it expects the restructuring to reduce spending by more than $1 billion

1:01.1

annually after the proposed plan is completed. That's expected in the first half of next year.

1:07.7

The European Union's digital regulator has confirmed it is looking into Google's

1:12.7

advertising practices under an online content law that bans companies from using miners' data

1:18.6

for targeted advertising. The regulator said Google has responded and that it's currently

1:23.8

assessing the search giant's response and deciding on next steps. The scrutiny comes

1:28.7

as the EU executive is enforcing the Digital Services Act, a newly applicable rulebook designed to

1:35.3

address legal online content and disinformation and to promote transparent advertising in the block.

1:41.5

The DSA prohibits companies from using miners' data for targeted advertising.

1:46.8

And Games Workshop Group, the UK manufacturer of Warhammer, a miniature tabletop war game,

1:53.7

says it's reached an agreement with Amazon content services for the film and television series

1:59.3

based on the game Warhammer 40,000.

2:02.5

Games Workshop Group said it granted exclusive rights to Amazon's subsidiary over the Warhammer

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.