Riley Griffin / Bloomberg:
Meta plans to increase its investment in a data center in El Paso, Texas, to more than $10B, a significant rise from the initial $1.5B commitment  —  Meta Platforms Inc. will spend more than $10 billion to develop a data center in El Paso, Texas, a jump from prior projections and the latest …

Todd Spangler / Variety:
Netflix raises US prices following a January 2025 hike; standard with ads rises $1 to $8.99/month; standard with no ads and premium rise $2 to $19.99 and $26.99  —  Netflix, for the second time in a little over a year, is raising prices for its three plans in the U.S. The new pricing …

Wall Street Journal:
Sources: X let go of 20+ staffers in nontechnical roles ahead of a SpaceX IPO; X staff have been told to focus on growing revenue since xAI brought on a CRO  —  Redundant roles have been removed as the social-media company tries to boost profit and integrate with Musk's space-exploration company

Tamara Djurickovic / Tech.eu:
Italy-based Subbyx, which builds infrastructure that lets businesses offer access-based subscriptions, raised a €30M Series A  —  Subbyx will use the funding to expand its subscription infrastructure platform, supporting businesses in transitioning from ownership to access-based models …

Wall Street Journal:
Fannie Mae will accept crypto-backed mortgages for the first time; Coinbase launches a mortgage product allowing buyers to pledge bitcoin or USDC as collateral  —  New offering from Better Home & Finance and Coinbase allows home buyers to pledge bitcoin and other cryptocurrencies when making a down payment