The GE Digital division of American General Electric will be allocated to a separate company, which will remain part of General Electric, but will promote its products under its own brand. A General Electric statement said the new company will be developing a comprehensive software portfolio for the IIoT industrial Internet of Things. As expected, its annual income will be about 1 billion 200 million dollars. The company's decision to set GE Digital into a separate business led to a 12% increase in General Electric shares during trading on Friday.
U.S. auto safety regulators monitor Tesla’s new software version16.10.2020
Fiat Chrysler invests $1.5 billion to produce electric vehicles in Canada16.10.2020
Dollar set for weekly gain on stalled economic recovery02.10.2020
Goldman Sachs to purchase General Motors’ credit card business worth $2.5 billion