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+ - SEC investigates Netflix CEO Reed Hastings over Facebook Posting->

Submitted by alexander_686
alexander_686 (957440) writes "SEC investigates Netflix CEO Reed Hastings on Facebook Posting

Hastings said in the filing the SEC is questioning his July 1 Facebook posting, seen by 200,000 followers, in which he said customers watched “over 1 billion hours” of videos on Netflix in June. He had previously posted on his company blog that members were viewing “nearly a billion hours per month.”

Rarely, outside of Carl Sagan, have I heard people saying that one billion not significant."

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SEC investigates Netflix CEO Reed Hastings over Facebook Posting

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