Tech

Netflix co-founder Reed Hastings donates $1.1bn to charity

Netflix’s co-founder and executive chair, Reed Hastings, has made a remarkable philanthropic move by donating 2 million Netflix shares, valued at over $1.1 billion at the current market price, to the Silicon Valley Community Foundation in Mountain View, California. This substantial donation, representing around 40% of Hastings’ Netflix holdings, was disclosed in a recent Securities […]