The Guardian Australia
·general
·2 hours ago
Co-founder Reed Hastings to step down from Netflix board
Reed Hastings will step down from Netflix's board in June, marking the end of his 29-year tenure as co-founder. The company stated his decision was not due to any disagreement. Netflix's stock dropped 8% following the announcement, despite a 16% increase in revenue to $12.25 billion.
Summary by Glance · The Guardian Australia
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