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Attorney General Ken Paxton filed the suit on Monday, alleging Netflix collects user data without consent and uses autoplay to keep children watching. Netflix calls the suit meritless. Texas Attorney General Ken Paxton sued Netflix on Monday, alleging the streaming company collects user data without consent and designs its platform to be addictive, particularly for […]
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Netflix can afford to lose this case. The company reported $12.25 billion in revenue in the first quarter of 2026, a 16 per cent increase from the prior year, with net income of $5.28 billion. It has 325 million paying subscribers worldwide. In March, it raised prices again, pushing the Premium plan in the United […]
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The $25B programme has no expiration date and sits on top of a December 2024 authorisation that still had $6.8B remaining. Netflix’s board approved it on 22 April. Shares rose 1.5% in premarket trading on the news, after falling as much as 10.8% following the Q1 report on 16 April. Netflix’s board authorised an additional […]