Netflix gave a forecast for the second quarter that fell short of analysts expectations, sending the shares down in extended trading.

The streaming pioneer also announced that chairman and co-founder Reed Hastings is stepping down from the board after 29 years to pursue philanthropy and personal interests https://bloom.bg/4dSPhEi

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The intensifying regulatory crackdown on Hong Kong’s financial industry is forcing banks and lawyers to be more cautious about dealmaking, putting its IPO recovery at stake: http://bloom.bg/47HrvqL
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