For use by students enrolled in LWN117, Cyberlaw and Policy (QUT).
Saturday, December 08, 2012
Netflix Facebook Blunder?
Netflix Inc said on Thursday securities regulators warned they may bring civil action against the company and its chief executive for violating public disclosure rules with a Facebook post, in a case that raises questions about how public companies communicate on social media.
The high-profile Silicon Valley CEO, Reed Hastings, dismissed the contention and said he did not believe the Facebook post was "material" information.