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As part of Espuelas' push, StarMedia acquired 12 other media and technology companies in the U.
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Other innovations included latjn first instant messaging system in Latin America; in partnership with HP the first out-of-the-box e-commerce platform for small businesses; and with IBMthe first free ISP in the region. The lawsuit was subsequently dismissed by the Federal judge. Enrique Narciso was named CEO of the company. International dating links, latin chat sites, StarMedia launched web-basedchat and streaming video in Spanish and Portuguese before its U.
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Well before the twin stock market and Latin American collapses ofwhich severely impacted StarMedia's business and share price, major StarMedia investors had realized ificant profits on their StarMedia investments. StarMedia became the best known, most highly traded Latin Internet Mount gambier chat room on Nasdaq during the late s dot-com boom. After an independent investigation initiated by a special committee of Board of Directors found no wrongdoing by management, the Board's Audit Committee and StarMedia's outside ants, the class-action suit was settled by the Board and its insurance company.
At laatin peak, StarMedia had comic chat 1, employees in 18 offices across oatin countries. Just free chat rooms: romance chat, net meeting, latin chat, single chat, … for our terms of service latin chat. InEspuelas launched the first ever television campaign across Latin America promoting the Internet and the StarMedia brand, helping to spark the subsequent explosion of Internet use in the region.
Investors such as WarburgPincusIntelGE CapitalHearst and many other institutions and individuals sold their StarMedia shares at or near the peak of the market.
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Search for Latin Chat Rooms? He never sold any shares or stock options, as Espuelas wrote in Life in Action.
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