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Thyssenkrupp agrees to restructuring approach with labour leaders, could lead to loss of 6,000 jobs
•The management and labour leaders at Germany’s Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs.
British firm to build flying taxi service inspired by Formula One racing tech
•Vertical Aerospace aims to offer short-haul, inter-city flights carrying multiple passengers.
General Electric loses spot in Dow Jones Industrial Average after more than a century, to be replaced by Walgreens
•A decade and a half ago General Electric was the world’s most valuable public company. But it foundered in several key industrial markets in recent years
Tesla hires former General Motors executive James Zhou as the new CFO for China
•Tesla in a blog post announced key hires - GE and GM's James Zhou as the new CFO for China and Apple's Neeraj Manrao as director of energy manufacturing.
Tata Group, GE partner to make aircraft engine components in India; to set up centre of excellence
•The Tata Group and GE will also jointly pursue military engine and aircraft system opportunities in the country
General Electric and Microsoft announce deeper partnership involving Predix industrial internet and Azure cloud platform
•The joint effort is focused initially on oil-and-gas and mining companies, but would also be applicable to other companies that run Microsoft software.
Apple and GE join hands to deliver industrial IoT apps; to bring predictive data and analytics on its iOS devices
Ians •Apple will promote GE's Predix as the industrial IoT analytics platform of choice to its customers and developers.
General Electric warns $2.6 bn diesel locomotives contract rejig will undermine 'Make in India' drive
•GE had won a $2.6 billion contract in 2015 to supply Indian Railways with 1,000 diesel locomotives.
Dell Technologies announces one of the largest non government contracts to support GE's digital transformation
Ians •Dell on Friday announced that tech major GE will use Dell and end-user computing solutions to support GE's ongoing digital transformation efforts.
Google I/O 2017: Assistant could make its way to the iPhone this year
Tech2 News Staff •Google is being speculated to further expand the range of its voice assistant and bring it to iOS devices, primarily the iPhone.