Resilient Media Entertainment

Monday, April 23, 2012

Brazil tech sector aims higher after Instagram


Facebook, Netflix growth booming in Brazil * Web startup clusters spring up in regional hubs * Venture capital buys triple in 2011, by some estimates By Esteban Israel SAO PAULO, April 23(Reuters) - Facebook's $1 billion purchase of Instagram this month crowned a new poster child for the tech boom and made a hometown hero out of Mike Krieger, Brazilian cofounder of the picture-sharing app. CONTINUE READING AS YOU ENTER THE WORLD @REUTERS
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