Netflix price hike, Google acquires Fossil IP

This is CNET, and here are the stories that matter this week. Netflix is increasing prices for all of its membership levels one to two dollars in the next coming months. It's easy to point the finger at custom content. The company notoriously spend $8 million on in-house material in 2018. And plan a similar spenditure for this year as well. It's possible that the Motorola Razor will live again according to the Wall Street Journal A new version of the iconic mobile phone might launch exclusively with Verizon and feature a foldable screen. Word is it could start up yo $1,500 we might hear official new sooner than later As it's expected to show up at [UNKNOWN] world congress in February. Finally, Google has agreed to acquire intellectual property related to smart watches from Fossil to the tune of [UNKNOWN]. Some of Fossil's research and development division will join Google as well. Fossil watches have rang Google's Wear OS smartwatch software and the deal is expected to close sometime this month. [MUSIC] You can save today with the latest by visiting CNET.