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Netflix hires two top ad executives from Snap to lead ad-supported streaming option

Netflix's hiring of two top Snap executives signals Netflix's commitment on build an ad-supported version of the streaming service. ....

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Snap laying off around 1,280 employees amid poor growth

Snap, the parent company of Snapchat, is reportedly laying off 20 per cent of its workforce (around 1,280 employees), and the company's Chief Business Officer Jeremi Gorman is leaving to join Netflix.According to a report in The Verge citing . ....

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