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Self-Crashing Cars: California DMV Suspends Cruise Robotaxi Permit 'Effective Immediately'

The California Department of Motor Vehicles (DMV) suspended the robotaxi permit of self-driving car company Cruise "effective immediately," saying the General Motors-backed company's driverless vehicles "are not safe for public operation."

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Self-Crashing Cars: California DMV Suspends Cruise Robotaxi Permit 'Effective Immediately'

Self-Crashing Cars: California DMV Suspends Cruise Robotaxi Permit 'Effective Immediately'
breitbart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from breitbart.com Daily Mail and Mail on Sunday newspapers.

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California Just Yanked Cruise's Robotaxi Permit After a Bizarre Incident

License Revoked The California Department of Motor Vehicles has officially yanked Cruise's robotaxi permit "effective immediately," following a hit-and-run incident in San Francisco earlier this month that caused a pedestrian to become trapped underneath a driverless Cruise vehicle. In a brief statement, the agency cited several reasons for the suspension. The Department determined that the […]

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SPACs, explained

Perhaps you’ve heard of SPACS, or special-purpose acquisition companies, as an alternative to IPOs. They are, in some respects, easier than IPOs but there are pitfalls for investors, too. Here’s what you need to know.

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