Research

April's WPI-based inflation eases to 3.85%, industrial output grows by 2.7%

The main change made to the WPI and IIP is that the base year has been shifted from 2004-05 to 2011-12 in order to make the data more contemporary and reflective of ground realities. The index basket of the new series has a total of 697 items, including 117 for primary articles, 16 for fuel and power and 564 for manufactured products.

Research

Judge refers theft allegations against Uber to US Attorney

The news comes less than a month after Andrew Levandowski, the Uber engineer and former Google employee at the heart of Waymo's suit, stepped down from his position as the head of the company's self-driving technology division. Levandowski recently stepped aside as the head of Uber's self-driving auto program, though he remains with the company. On Thursday, Alsup said Levandowski's stonewalling has "obstructed" the case.

Research

"Awesomesauce" Views Of Earth Says Astronaut On Station's 200th Spacewalk

NASA is providing live coverage of the spacewalk over at NASA TV . Astronauts Peggy Whitson and Jack Fischer did some maintenance on the ISS, including work on an adapter for a new worldwide docking port for commercial crew spacecraft. Today, the $100 billion orbiting lab is roughly the size of a football field and a symbol of global cooperation among the 15 nations that have helped build and operate it.

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NASA delays debut launch of $23 billion moon rocket and capsule

NY [U.S.], May 13: NASA will be launching its Space Launch System in 2019, but has ruled out putting a crew on board. The pushback to 2019 was not unexpected - there had already been grumblings that indicated there was no way NASA would meet its original 2018 launch date .

Research

Snapchat's growth stalls in Facebook's shadow in 1Q report

However, as former Twitter Inc. employee Jim Prosser pointed out , that total was far greater than the stock-based compensation claimed in the post-IPO quarter for Facebook Inc. "The connectivity issue is a real problem in the developing world-it changes the use case of how people use Snapchat ", said Spiegel. CEO of Snap Inc ., Evan Spiegel says that till date more than 5 million snaps are created with Snap spectacles .

Research

Volkswagen US unit names compliance officer after diesel scandal (VOW3)

The deal ends most of the litigation over Volkswagen's cheating scandal, which became public in 2015 when the U.S. Environmental Protection Agency said the German automaker had fitted many of its cars with software to fool emissions tests. Resolution of the civil case comes after another federal judge ordered the German auto maker in April to pay a $2.8 billion criminal fine as part of a plea deal with USA prosecutors.