A former Netflix executive was sentenced Tuesday to 2 and 1/2 years in federal prison for taking bribes and kickbacks from tech companies to approve lucrative contracts with the streaming giant.

A former Netflix executive was sentenced Tuesday to 2 1/2 years in federal prison for taking bribes and kickbacks from tech companies to approve lucrative contracts with the streaming giant.
Michael Kail, 52, of Los Gatos also was ordered to forfeit $700,000 and pay a $50,000 fine, the U.S. attorney's office said in a statement.
Bribery and kickbacks are pernicious crimes that stifle Silicon Valley's culture of competitive innovation, acting U.S. Attorney Stephanie M. Hinds...read more