Techmeme
November 26, 2012, 7:35 PM

Top News

Arik Hesseldahl / AllThingsD:
Google Sources Say Company Didn't Buy ICOA Wireless  —  Sources at Google are denying reports that the search giant has acquired ICOA Wireless in a $400 million deal.  —  We have yet to hear from a Google rep on the record.  But people within the company say that contrary to a press release posted …
Don Reisinger / CNET:
Nintendo: 400K Wii U units sold, 1.2M devices total  —  The company's president of America Reggie Fils-Aime says that the Wii U is “essentially sold out of retail.”  —  Nintendo sold more than 1 million hardware units over the last week, the company has confirmed to CNET.
Y Combinator:
The YC VC Program  —  Two years ago Yuri Milner and Ron Conway formed an informal coalition to invest $150k in every startup we funded.  Although we didn't organize this program, over the years we ended up de facto managing it, and it was awkward to manage something we hadn't started.
Philip Elmer-DeWitt / Fortune:
11 Apple iPads per hour vs. zero Microsoft Surface tablets  —  A survey compared sales at an Apple Store and a Microsoft Store in the Mall of America  —  FORTUNE — On Saturday we posted side-by-side videos showing Black Friday shopping activity at an Apple Store and a Microsoft Store in Lone Tree …
Patrick McGee / Wall Street Journal:
Amazon Taps Bond Market for First Time in Over a Decade  —  The Cyber Monday buying craze is extending to the bond market as Amazon.com Inc. sells its first bond deal in nearly 15 years.  —  The $3 billion bond deal from the largest U.S. Internet retailer has garnered more than $10 billion of orders, according to investors.
Cade Metz / Wired:
Exclusive: Inside Google Spanner, the Largest Single Database on Earth  —  Each morning, when Andrew Fikes sat down at his desk inside Google headquarters in Mountain View, California, he turned on the “VC” link to New York.  —  VC is Google shorthand for video conference.
More: The Verge
Cristina Cordova:
The Biggest Problem in Mobile: Retention  —  When I read Fred Wilson's post this morning about the tough times consumer companies are having raising money, his second point resonated with me most: … This made me think of how frequently we attribute success on mobile to downloads instead of monthly active users.
John Paczkowski / AllThingsD:
iPhone 5 Costs May Be Eating Apple's Gross Margins  —  How much longer can Apple maintain the high margins it has long commanded for devices like the iPhone?  Not much longer, says Pacific Crest analyst Andy Hargreaves, who believes the company's gross profit per device has risen as high as it will ever go.
Nathan Ingraham / The Verge:
Tumblr grows to nearly 170 million monthly visitors, up 50 million from January  —  According to data from web measurement firm Quantcast, Tumblr's getting ready to wrap up a year of major traffic growth.  A Tumblr blog post is claiming that the site is now one of the top ten most-visited sites …
Gary Ridley / MLive.com:
Facebook files countersuit in battle over ‘want’ button in Flint federal court  —  FLINT, MI — Facebook is firing back at a Michigan-based company that claimed the Internet giant ripped-off its idea.  —  Farmington Hills-based company CVG-SAB filed a lawsuit against Facebook in Flint federal court …
Jon Russell / The Next Web:
Samsung's Galaxy Note II hits 5 million channel sales, adding 2 million over the last 24 days  —  Samsung has announced [translation] that the Galaxy Note II, its flagship phone-meets-tablet ('phablet'), has passed 5 million in channel sales, chalking up a further 2 million shipments since November 2.
Nilay Patel / The Verge:
Head of US Patent and Trademark Office to step down in January  —  In an unexpected move, David Kappos will step down as Director of the United States Patent and Trademark Office in January, after serving for four years.  The news leaked earlier today on the PatentlyO blog …

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