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Tech News: Netflix CEO to Face SEC Investigation Over Facebook Post
This column highlights the most interesting and useful business and financial commentary on technology from around the Web. Bloomberg News Link: Netflix CEO Hastings Faces SEC Action Over Facebook Post “Netflix Inc. (NASDAQ: NFLX) and Chief Executive Officer Reed Hastings said they may face a US Securities and Exchange Commission civil claim over a July Facebook (NASDAQ: FB)  post that coincided with the stock’s biggest gain in almost six weeks.   “SEC staff alleges Netflix and its CEO violated rules governing selective disclosure according to a company filing yesterday. The July 3 post by Hastings said Netflix viewing 'exceeded 1 billion ...
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