Social Media Newsfeed: Dropbox Value | YouTube Outage

Dropbox looks to double its funding. YouTube suffers outage, but now it's fixed. These stories, and more, in today's Morning Social Media Newsfeed.

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Report: Dropbox Seeks More Funding at Whopping $8B Valuation (CNET)
File-hosting service Dropbox has raised $257 million to date, and it’s looking to double that entire amount in a massive round of funding that values the startup at $8 billion, Businessweek reported Monday. Dropbox has been a tech industry darling since its Y Combinator days in 2007 and has routinely found itself on list after list forecasting the next big tech IPO in the wake of Twitter’s earlier this month.

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