News

Saudi Arabia allowed sexually explicit Netflix shows like ‘Sex Education’ in exchange for removing one satire episode that criticised the kingdom, CEO Reed Hastings said

Saudi Arabia let Netflix show explicit content in exchange for the removal of a satirical show that criticised the Crown Prince, Netflix CEO Reed Hastings said. Netflix confirmed on January 1, 2019, that an episode of “Patriot Act with Hasan Minhaj” was removed after a legal complaint from Saudi Arabia. […]
Saudi Arabia allowed sexually explicit Netflix shows like ‘Sex Education’ in exchange for removing one satire episode that criticised the kingdom, CEO Reed Hastings said
Tech

Netflix CEO says the streaming service’s decision to be ad-free isn’t ‘a philosophical thing’ — it’s simply ‘the best capitalism’

Netflix CEO Reed Hastings said in a new interview that the reason the streaming giant doesn’t have commercials isn’t because of a philosophical stance, it’s because it’s the “best capitalism.” Making money from ads is hard to do, the CEO said, and highly competitive. Hastings said Netflix isn’t considering live […]
Netflix CEO says the streaming service’s decision to be ad-free isn’t ‘a philosophical thing’ — it’s simply ‘the best capitalism’
Lifestyle

Meet Netflix billionaire Reed Hastings, who has spent millions on education reform, takes 6 weeks of vacation every year, and says he has no hobbies outside of work

After racking up $US40 in late fees at a traditional video rental store, Reed Hastings co-founded Netflix and made $US5 billion in the process. Before founding Netflix, Hastings spent one year teaching in Swaziland with the Peace Corps and another as a door-to-door vacuum salesman. Hastings’ philanthropic efforts are focused […]
Meet Netflix billionaire Reed Hastings, who has spent millions on education reform, takes 6 weeks of vacation every year, and says he has no hobbies outside of work
News

Reed Hastings to speak at the Business Insider Global Trends Festival

Reed Hastings will speak at the BI Global Trends Festival 2020. Get your tickets here. Visit Business Insider’s homepage for more stories. Business Insider is proud to announce that Reed Hastings will speak at the inaugural BI Global Trends Festival, a virtual event taking place the week of October 19-23, […]
Reed Hastings to speak at the Business Insider Global Trends Festival
Tech

Netflix CEO Reed Hastings says he’s sticking around until 2030

Hello and welcome to Trending, Business Insider’s weekly look at the world of tech. I’m Alexei Oreskovic, Business Insider’s West Coast Bureau Chief and Global Tech Editor. If you want to get Trending in your email inbox every Wednesday, just click here. This week: What’s one more decade when you’re […]
Netflix CEO Reed Hastings says he’s sticking around until 2030
Lifestyle

Meet the billionaires bankrolling Joe Biden’s 2020 campaign

At least 134 billionaires or their spouses have donated to former Vice President Joe Biden’s presidential campaign, per a Forbes analysis of federal campaign records from September. The billionaires behind Netflix, SlimFast, Hyatt hotels, LinkedIn, and Star Wars all donated various amounts to Biden’s election bid. While it’s true that […]
Meet the billionaires bankrolling Joe Biden’s 2020 campaign
Lifestyle

Inside the Napa Valley ‘wine cave’ fundraiser that Pete Buttigieg was slammed for attending, where guests paid $2,800 to dine under a chandelier covered in 1,500 Swarovski crystals

During the Democratic Presidential Debate on Thursday night, Elizabeth Warren slammed Pete Buttigieg for attending a fundraiser dinner with billionaires in a Napa Valley wine cave. Photos of the Napa fundraising event, which took place on Sunday, showed Buttigieg speaking with guests under a chandelier containing 1,500 Swarovski crystals. Netflix […]
Inside the Napa Valley ‘wine cave’ fundraiser that Pete Buttigieg was slammed for attending, where guests paid $2,800 to dine under a chandelier covered in 1,500 Swarovski crystals