media industry

The Department of Justice is suing Google over its dominance of the online advertising market |  CNN Business

The Department of Justice is suing Google over its dominance of the online advertising market | CNN Business

CNN – The Justice Department and eight states sued Google on Tuesday, accusing the company of harming competition with its dominance of the online advertising market and calling for it to be broken up. The move marks the Biden administration’s first antitrust case against Big Tech. The eight states that joined the lawsuit include California, …

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Netflix Founder Reed Hastings Steps Down As Co-CEO |  CNN Business

Netflix Founder Reed Hastings Steps Down As Co-CEO | CNN Business

New York CNN – Netflix announced Thursday that founder Reed Hastings will step down as co-CEO of the company and will serve as CEO. Hastings will be replaced by co-CEOs Ted Sarandos and Greg Peters. “Our board has been debating succession planning for many years (even founders need to evolve!),” Hastings wrote in a blog …

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