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Viva el Web strategy

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When Telefonica launched Terra U.S.A. in Miami in June, it threw a bash that cost a cool $1.5 million. The Spanish telecommunications giant was keen to present itself as a serious player in the…

Hip-hop site funds Hookt

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Netcaster Hookt.com has closed a third round of financing with $5 million secured from venture capitalist firm Warburg, Pincus. The hip-hop dot-com, which has inked partnerships with Eminem and Puff…

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