Searchable News & Info From Reliable Online Sources.
- Mark Mobius, Pioneering Investor in Emerging Markets, Dies at 89
Gaining a reputation as the brilliant, risk-taking “Indiana Jones” of his field, he encouraged investors to take chances on Asia, Africa, Latin America and Eastern Europe. [TheTopNews] Read More.6 mins ago - 11 Electric Cars Worth a Look With Gas Prices HighThe war in Iran has auto shoppers sizing up electrics. Many strong cars are on the market, and there are bargains to be had when buying used. [TheTopNews] Read More.10 mins ago
- Reed Hastings Will Leave Netflix as Board ChairmanThe co-founder of the streaming giant will leave its board in June, the company said. [TheTopNews] Read More.31 mins ago
- Netflix co-founder Reed Hastings to step down, departure is ‘spooking inve...
Netflix co-founder Reed Hastings will not seek re-election to the company's board.He is currently the chair of the streaming entertainment giant's board of directors."Reed Hastings has informed us that he will not stand for re-election to our Board when his current term expires at the Annual Meeting in June, in order to focus on his philanthropy and other pursuits," the company wrote in a recent Securities and Exchange Commission report.NETFLIX RAISES SUBSCRIPTION PRICES ACROSS ALL PLANS"Reed built a culture of innovation, integrity and high performance that defines who we are today. His vision and leadership pioneered how the world is entertained, and his legacy and impact are not only felt by all of us at Netflix, but by audiences around the world. On behalf of the Board and our shareholders, we extend our deepest thanks for his extraordinary leadership and service," Netflix added.Rich Greenfield of LightShed Partners and LightShed Ventures told CNBC that Hastings' exit "is spooking investors."NETFLIX FOLLOWS WARREN BUFFETT'S PLAYBOOK: DON'T OVERPAY, WALK AWAYThe company's stock price took a nosedive after the market close on Thursday, falling about 10% as of Friday morning prior to the market open.Hastings noted, "Netflix changed my life in so many ways, and my all‑time favorite memory was January 2016, when we enabled nearly the entire planet to enjoy our service." WHY NETFLIX'S CEO DROPPED HIS BID TO BUY WARNER BROS DISCOVERY AND TRUMP ‘DIDN’T CARE'GET FOX BUSINESS ON THE GO BY CLICKING HERE"My real contribution at Netflix wasn’t a single decision; it was a focus on member joy, building a culture that others could inherit and improve, and building a company that could be both beloved by members and wildly successful for generations to come. A special thanks to Greg and Ted, whose commitment to Netflix’s greatness is so strong that I can now focus on new things," he added, referring to the company's co-CEOs Ted Sarandos and Greg Peters. [TheTopNews] Read More.38 mins ago - Trump Seeks More Time in Lawsuit Against I.R.S, Over His Tax ReturnsThe Justice Department has not responded to the president’s suit, which has created a conflict of interest for the government’s lawyers. [TheTopNews] Read More.43 mins ago
- Hundreds of Fake Pro-Trump Avatars Emerge on Social MediaThe artificial-intelligence-generated fake influencers have surged on TikTok, Instagram, Facebook and YouTube in an apparent bid to hook conservative voters. [TheTopNews] Read More.53 mins ago
The Searchable USWebDaily.com and TheTopNews NewsBank Helps You Be Better Informed, Faster! Spread The Word.
