Snap CEO Evan Spiegel sold $50 million in stock; NASA certifies Falcon 9 for science missions; and federal judge bars California’s actor-age censorship law.
Snap Chief Executive Evan Spiegel sold $50 million in stock this week, his first public sale since the company’s initial public offering last year, reports Recode. The sale, which was executed as part of a prearranged sales plan that executives often use to avoid concerns over insider trading, was a small amount of Spiegel’s total holdings – a little more than 1 percent.
NASA has certified the current version of the SpaceX Falcon 9 to launch some categories of science missions, a milestone needed for the upcoming, but delayed, launch of an astronomy spacecraft, SpaceNews reports. SpaceX Falcon 9 is now certified to launch the NASA Transiting Exoplanet Survey Satellite later this spring.
A federal court judge has barred California’s legislation requiring that subscription entertainment database sites remove an actor’s age, if requested by the actor, Variety reports. IMDb is a subsidiary of Amazon and had contended in its suit that the law, which applies only to subscription sites such as IMDb Pro, was unconstitutional.
Technology reporter Garrett Reim can be reached at email@example.com. Follow him on Twitter @garrettreim for the latest in L.A. tech news.