Techmeme
February 8, 2021, 10:05 AM

Top News

Steve Kovach / CNBC:
Filing: Tesla has bought $1.5B worth of bitcoin and says it will start accepting bitcoin as a payment method for its products in the future  —  - Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin.  — The company also said it would start accepting bitcoin as a payment method for its products.
Wall Street Journal:
TechCrunch:
Clubhouse is now blocked in China after a brief uncensored period during which it was rapidly gathering steam  —  Thousands of Chinese users suddenly found themselves unable to access Clubhouse on early Monday evening as the country prepared to start the week-long Lunar New Year holiday.
Kurt Wagner / Bloomberg:
Sources: Twitter is building subscription products to ease its dependence on ads, including “tipping” for exclusive content and charging for TweetDeck  —  - Internal groups are researching options users might pay for  — Social network says ‘revenue durability’ is now top priority
Bloomberg:
Hyundai and its affiliate Kia say they are not in talks with Apple to develop an autonomous vehicle; Hyundai shares fell ~8.4% in Seoul, while Kia dropped 14%  —  - Apple's plans for own-branded EV are being intensely watched  — Hyundai's new EV platform can charge cars to 80% in 18 minutes
Sara Fischer / Axios:
Automattic's enterprise-focused WordPress VIP says it is acquiring content analytics service Parse.ly  —  WordPress VIP (WPVIP), the enterprise arm of WordPress.com, is acquiring Parse.ly, a content analytics platform that's used by thousands of digital publishers.
Thomas Brewster / Forbes:
Review: in 200+ charging docs filed in relation to the Capitol siege, 73 reference Facebook, 24 reference YouTube, 20 mention Instagram, and 8 mention Parler  —  Just after the Capitol Hill riots on January 6, Sheryl Sandberg, Facebook chief operating officer admitted the company's ability to enforce its own rules was “never perfect.”
Sam Byford / The Verge:
Xiaomi unveils global version of its Mi 11 flagship with Snapdragon 888, 6.8-inch 1440p OLED 120Hz display, and up to 265GB storage, starting at €749  —  The latest Xiaomi flagship to leave China  —  Xiaomi is announcing the international version of its Mi 11 flagship phone today after an earlier release in China.
Charles Fitzgerald / Platformonomics:
Analysis: in 2020, Amazon's capital expenditure grew 69% YoY to $54B, Microsoft's grew 14% YoY to $20.6B, and Google's declined over 5% YoY to $22.3B  —  It is time for our annual bulletin to CAPEX obsessives (previous updates from 2016, 2017, 2018, 2019 as well as earlier installments).

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Bloomberg: