Netflix CEO Reed Hastings, writing at CNBC: In the first few years of Netflix, we were growing fast and needed to hire more software engineers. With my new understanding that high talent density would be the engine of our success, we focused on finding the top performers in the market. In Silicon Valley, many of them worked for Google, Apple, and…
Tag: reed hastings
Netflix’s Reed Hastings Deems Remote Work ‘a Pure Negative’
From an interview: WSJ: What elements of the Netflix culture are tougher to maintain now that so many employees are working from home?
Mr. Hastings: Debating ideas is harder now. WSJ: Have you seen benefits from people working at home?
Mr. Hastings: No. I don’t see any positives. Not being able to get together in person, particularly internationally, is a pure negative. I’ve…
Netflix CEO Reed Hastings Gives $120 Million To Historically Black Colleges
An anonymous reader quotes a report from The New York Times: Reed Hastings, the co-founder of Netflix, and his wife, Patty Quillin, donated $120 million to the United Negro College Fund, Spelman College and Morehouse College, the largest-ever individual gift to support scholarships at historically black colleges and universities. The record donation comes amid protests after the police killing ofGeorge Floyd,…
Netflix To Reduce EU Bandwidth by 25%
Netflix is cutting back on the bandwidth it takes to stream videos to members in the European Union after a European Commission member voiced concerns over network strain. From a report: “Following the discussions between Commissioner Thierry Breton and Reed Hastings — and given the extraordinary challenges raised by the coronavirus — Netflix has decided to begin reducing bit rates across…
Clayton Christensen, Father of ‘Disruptive Innovation,’ Dies At 67
Clayton Christensen, the business scholar who coined the term “disruptive innovation,” died of cancer treatment complications on Thursday at age 67. The Verge reports: You may not immediately recognize his name, but the tech industry — and every resulting industry — is built on the framework of technology disruption and innovation that Christensen devised. The crux of Christensen’s theory is that…
Netflix Is Still Saying ‘No’ To Ads
“During its Q4 earnings call, Netflix shot down the idea of an ad-supported option for its service,” writes Slashdot reader saccade.com. TechCrunch reports: “Google and Facebook and Amazon are tremendously powerful at online advertising because they’re integrating so much data from so many sources. There’s a business cost to that, but that makes the advertising more targeted and effective. So I…