Netflix is reallocating 2% of its cash holdings, initially up to $100M, to support Black communities in the US (Matthew J. Belvedere/CNBC)

Matthew J. Belvedere / CNBC:
Netflix is reallocating 2% of its cash holdings, initially up to $100M, to support Black communities in the US  —  - Netflix announced plans to start putting 2% of its cash holdings into financial institutions and organizations to “directly support Black communities in the U.S.”



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