Hims & Hers appoints Amazon veteran as COO

Hims & Hers appointed Nader Kabbani, a longtime Amazon executive who most recently worked at the robotics company Symbiotic, as its next chief operating officer, the company said Monday morning.

The announcement comes just weeks after the company announced that its longtime COO, Melissa Baird, would transition to an advisory role. Notably, during his roughly 20-year tenure at Amazon, Kabbani led the acquisition of PillPack and the launch of Amazon Pharmacy and built the framework for some of its streaming and media offerings.

Hims was down 0.8% shortly after the market opened.

The company is set to report earnings for the first three months of 2025 later today. Investors are eager for more information on how its weight-loss segment is doing after the FDA declared the shortage of popular GLP-1 weight-loss drugs is over, limiting its ability to sell copycat versions.

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Texas sues Netflix, accusing streamer of spying on children and collecting user data without consent

The state of Texas filed a lawsuit Monday against streaming giant Netflix, alleging that the company has built a “behavioral-surveillance program of staggering scale.”

The suit alleges that Netflix is “deceptively designed” to be addictive, using features like autoplay to get viewers hooked, “mining those users for data, and then converting that data into lucrative intelligence for global advertising juggernauts.”

“When you watch Netflix, Netflix watches you,” the lawsuit reads.

“This lawsuit lacks merit and is based on inaccurate and distorted information,” Netflix said in a statement to Sherwood News. “Netflix takes our members’ privacy seriously and complies with privacy and data‑protection laws everywhere we operate.”

Texas is seeking civil penalties of “up to $10,000 per violation” of the Texas Deceptive Trade Practices-Consumer Protection Act, along with an additional penalty of up to $250,000 per violation involving a consumer aged 65 or older.

“Netflix is not the ad-free and kid-friendly platform it claims to be. Instead, it has misled consumers while exploiting their private data to make billions,” said Texas Attorney General Ken Paxton in the press release announcing the lawsuit.

Netflix did not immediately respond to a request for comment.

Attorney General Ken Paxton Sues Netflix for Spying on Texas Kids and Consumers by Illegally Collecting Users’ Data Without Their Knowledge or Consent

Netflix did not immediately respond to a request for comment.

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