Netflix moving $100 million of cash holdings to black-owned banks

Netflix moving $100 million of cash holdings to black-owned banks
Netflix is pledging $100 million to support black-owned banks, the company announced Tuesday. The streaming video giant announced that it would shift 2 percent of its cash holdings to African American-owned US financial institutions in order to “directly support Black communities in the US.” In a blog post titled “Building economic opportunity for Black communities,”...