Browsing Tag

cofounder

Netflix co-founder Hastings exits as streaming company seeks new growth

Netflix is heading into a pivotal stretch without the executive who helped build it from scratch, as Chairman Reed Hastings prepares to leave the streaming company he co-founded 29 years ago. Hastings, 65, is stepping away at a difficult moment for the business. Netflix is trying to unlock new growth as sales come under pressure from intensifying competition, while a potentially transformative merger with Warner Bros Discovery collapsed in February. Late yesterday, Netflix projected current-quarter earnings per share below…

Copenhagen’s Noma co-founder resigns after abuse allegations surface

René Redzepi steps down from Noma after abuse reports and protests at Los Angeles pop-up René Redzepi, the co-founder of Copenhagen’s Noma, said he is stepping down from the acclaimed restaurant after reports and testimony about past abuse at his business, adding fresh turbulence to one of the world’s most influential dining rooms just as it launched a pop-up in Los Angeles. “After more than two decades of building and leading this restaurant, I’ve decided to step away,” Redzepi said in an Instagram post. His announcement…

Grateful Dead co-founder and guitarist Bob Weir dies at 78

Bob Weir, the U.S. guitarist and songwriter who co-founded the Grateful Dead and helped redefine American rock through six decades on the road, has died at 78, his family announced. Weir was diagnosed with cancer in July and had beaten the disease but “succumbed to underlying lung issues,” his family said in a statement posted on his personal website. The statement did not specify where or when he died. “For over sixty years, Bobby took to the road,” the family said. “Bobby will forever be a guiding force whose unique…