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Netflix co-founder Hastings steps down as CEO as company adds subscribers
Netflix Inc co-founder Reed Hastings said on Thursday he will step down as chief executive, handing the reins of the streaming service to longtime partner and co-CEO Ted Sarandos and the company's chief operating officer, Greg Peters.
Alibaba's Jack Ma to step down in one year, hand baton to CEO Zhang
Jack Ma, the charismatic co-founder of China's largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in one year.