Techmeme
November 19, 2013, 11:55 AM

Top News

Tom Warren / The Verge:
Nokia shareholders approve Microsoft deal  —  Nokia shareholders have approved a deal allowing Microsoft to purchase the Finnish smartphone maker's Devices and Services unit.  99.7 percent of shareholders who participated in the vote agreed with the Microsoft sale, representing around four-fifths …
Ashlee Vance / Businessweek:
Dropbox Seeks Another $250 million and $8 billion valuation  —  Dropbox has always had a flair for the dramatic.  Its CEO and co-founder Drew Houston, for example, appeared on a YouTube clip in 2012, belting out “Rocket Man” with a pint in hand at a Swiss bar—just one of several bravura performances.
Wall Street Journal:
Dropbox's revenue in 2012 was $116M and $46M in 2011  —  Dropbox Seeks Funding Round at $8 Billion Valuation … Online-storage service Dropbox Inc. is raising a funding round that could value it at more than $8 billion, according to people familiar with the situation, though new figures reveal its revenue growth is decelerating.
More: Business InsiderTweets: @dmac1
Colleen Taylor / TechCrunch:
Hightail, The File-Sharing Service Formerly Called YouSendIt, Lands $34 Million In New Funding  —  Hightail, the file-sharing service formerly known as YouSendIt, is announcing today that it has raised $34 million in new funding.  The round, which serves as Hightail's Series E, was led by hard drive maker Western Digital.
Aaron Souppouris / The Verge:
Samsung ships 800,000 Galaxy Gear smartwatches to retailers in two months  —  Samsung defies critics, sells 800,000 Galaxy Gear smartwatches in two months  —  Despite very negative reviews from almost everyone that cared to touch one, Samsung has sold 800,000 Galaxy Gear smartwatches in two months.
Dr. Raymond M. Soneira / DisplayMate:
Mini tablet display comparison: 7" Kindle Fire HDX and Nexus 7 impress, iPad mini disappoints  —  Mini Tablet Display Technology Shoot-Out  —  Introduction A new generation of Mini 7 to 8 inch Tablets from three of the major manufacturers has just completed with the belated launch of the Apple iPad mini with Retina Display.
Taylor Soper / GeekWire:
Bitcoin surges to all-time high of $900, then drops below $650 in 30 minutes  —  The value of Bitcoin has skyrocketed in the past five days.  Graph via Bitcoincharts.com.  —  It's Bitcoin-madness today.  —  On the same day the U.S. government began discussions about Bitcoin, the value of the digital currency is skyrocketing.
Andy Greenberg / Forbes:
Leena Rao / TechCrunch:
Google Wallet Creators Raise $7M From Eric Schmidt, Khosla To Bring Personalization And Analytics To In-Store Commerce  —  While Amazon has been at the forefront of providing a personalized experience in online commerce, in-store retailers are still behind in using data in compelling ways …
More: Digits
Ingrid Lunden / TechCrunch:
Niklas Zennstrom's Atomico Raises $476M For Growth Stage Investments, Mainly Outside Silicon Valley  —  Atomico, the VC firm co-founded and led by Niklas Zennstrom of Skype fame, has just announced its third and biggest fund, $475 million, which the firm says it will use mainly for later-stage rounds in startups to help them scale.
Joe Mullin / Ars Technica:
Newegg hurtles toward Texas showdown with famed “patent troll”  —  MARSHALL, TX—Who is Michael Jones, and what did he invent?  —  After five years of legal battles over Jones' patent involving hundreds of lawsuits and tens of millions of dollars in payments, that question still has no clear answer.
DoctorBeet:
LG Smart TVs logging USB filenames and viewing info to LG servers  —  Earlier this month I discovered that my new LG Smart TV was displaying ads on the Smart landing screen.  —  After some investigation, I found a rather creepy corporate video advertising their data collection practices to potential advertisers.
More: DSLreports and Boing BoingTweets: @tomscott
Mike Masnick / Techdirt:
Warner Bros. Admits To Issuing Bogus Takedowns; Gloats To Court How There's Nothing Anyone Can Do About That  —  One of the bizarre side notes to Hollywood's big lawsuit against the cyberlocker Hotfile was a countersuit against Warner Bros. by Hotfile, for using the easy takedown tool …
Barb Darrow / Gigaom:
Salesforce.com buys cloudconnect just in time for Dreamforce  —  Salesforce.com has purchased cloudconnect, a startup founded by Heroku and Salesforce.com alum Adam Gross who is now, I guess, back in the fold.  —  The news was posted — with scant details — on cloudconnect's web page which read:

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Chris Welch / The Verge:
Grant Gross / Computerworld: