Topic: Reed Hastings
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Facebook stock: 6 intriguing investors
Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.
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Horizons Nearly 2,000 Netflix movies to disappear overnight
Almost 2,000 Netflix movies to disappear as contracts expire and new additions roll in. Just what is Netflix doing?
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Netflix CEO pay: Hastings' gets 100 percent raise
Netflix CEO pay will double after he took a 43 percent pay cut this past year for management missteps. Netflix CEO Reed Hastings will be paid $4 million in salary and stock options for the coming year.
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Netflix CEO in SEC trouble over Facebook post
Netflix CEO Reed Hastings is trouble for a Facebook post saying that Netflix's online viewing 'exceeded 1 billion hours for the first time ever in June.' Hastings didn't clear the data with the SEC or send out a formal press release, and Netflix stock climbed as a result of the post.
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Netflix uses 'poison pill' to prevent hostile takeover
Netflix is making moves to prevent a hostile takeover from billionaire Carl Icahn, who disclosed a nearly 10 percent stake in the company. Netflix adopted a poison pill defense, aimed at preventing an outsider without board approval from acquiring too large a stake in Netflix.
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Facebook stock gets boost from Netflix CEO
Facebook stock may be down 40 percent since its debut in May. But Netflix CEO Hastings is a believer, buying $1 million of Facebook stock.
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Netflix stock plunges on concerns about growth
Netflix stock lost 25 percent of its value Wednesday. Analysts say it's growing too slowly domestically. Netflix stock dropped precipitously after last quarter's earnings report.
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Sheryl Sandberg becomes Facebook's first board woman
Sheryl Sandberg, Facebook's chief operating officer, has become the first woman on the company's board of directors. Sheryl Sandberg has been with Facebook since 2008, when the social-networking site lured her away from Google.
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Facebook stock: 6 intriguing investors
Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.
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NFLX stock jumps, as Netflix audience returns
Netflix regained 600,000 subscribers after 800,000 left last summer following a rate increase. As the customer count climbs, so has the NFLX stock.
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Netflix stock plunges. CEO takes $1.5 million hit.
Netflix stock down 75 percent since mid-July. CEO Hastings will have his Netflix stock options cut in half in 2012.
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NFLX: Netflix stock tanks as 800,000 subscribers flee
NFLX took a tumble Tuesday, after Netflix announced that it lost 800,000 subscribers. What will it take for the NFLX stock to rebound?
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Netflix: When flip flopping is good leadership
Netflix CEO Reed Hastings isn't afraid of changing course, which can be a real strength
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How Netflix went wrong: Qwikster was good for company, not the customer.
Netflix pulled the plug Monday on its DVD rental spin-off division Qwikster. Creation of the division was supposed to help Netflix prepare for the cyberfuture, but the move just angered its customers.
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Arrested Development, cancelled in 2006, could be revived on Netflix
Arrested Development is coming back, creator Mitchell Hurwitz said over the weekend. And it could be coming straight to Netflix.
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Qwikster, Teaparty.com are hot properties online. How much would they sell for?
Qwikster on Twitter and Teaparty.com on the Web are suddenly famous. Will their less-than-famous owners sell Qwikster, Teaparty.com for big bucks? Can they?
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Did Netflix create Qwikster just to sell it?
Netflix over the weekend split its business into two separate arms – Qwikster for DVD rentals, and Netflix for streaming video. Some analysts think that the company could eventually sell Qwikster.
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Qwikster: Netflix DVD rentals get a new name
Qwikster is the new name for Netflix's DVD rental arm. Streaming video will retain the original moniker, CEO Reed Hastings said this weekend. So, is Qwikster any different than before?
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Netflix (NFLX) faces customer backlash, weak economy
Netflix has angered many of its customers with its new plan to split its service into two while raising prices. Netflix stock (NFLX) has lost a quarter of its value in the past week.
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Stock prices fall on worries over Greece
Stock prices plummeted in Europe and stock futures were down in the US after EU ministers failed to expand a bailout fund to help Greece. Bank stock prices led the decline in Europe.
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Netflix stock nosedives 19 percent after company ticks off customers
Netflix stock took a wallop after Netflix predicted 1 million US customers would cancel their subscriptions.
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Netflix CEO: Unlimited streaming video is unrealistic, for now
Netflix CEO Reed Hastings warned today that the Netflix streaming library is unlikely to expand anytime soon.
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Ford earnings: one of five things to watch April 26
Ford due to report earnings before the market opens. Besides Ford, Coca-Cola and UPS will report earnings.
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How wrong is Time's most influential people list?
Really wrong. Time has a strange definition of 'influence.'
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Netflix earnings: one of five things to watch April 25
Netflix announces earnings after the market close. Also on the radar: Rajaratnam closing arguments wrapping up; March housing numbers.
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Netflix doubles CEO's pay after strong year
Netflix has doubled CEO Reed Hastings' compensation after stocks tripled. Most of the Netflix CEO's pay is in the form of stocks.
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