Netflix News - May 2026

Netflix Sued by Texas, Alleging Illegal Data Collection and Addictive Features
NFLX

Netflix Sued by Texas, Alleging Illegal Data Collection and Addictive Features

Texas Attorney General Ken Paxton filed a lawsuit against Netflix for allegedly collecting user data without consent. The suit claims the streaming service...
Netflix Director Reed Hastings Sells $38M, Slashing Direct Stake by 99%
NFLX

Netflix Director Reed Hastings Sells $38M, Slashing Direct Stake by 99%

Netflix Director Reed Hastings sold 407,550 shares of company stock for approximately $37.96 million. The transaction occurred on Friday, May 1st, at an...