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  Microsoft to Invest $100 Million in Rio IT Hub
Time: 11:18 EST/16:18 GMT | News Source: ABC News | Posted By: Andi Stabryla

Microsoft says it is investing $100 million in a new technology center in Rio de Janeiro.

The center is to house an advanced technology laboratory, a research and development platform for the company's Bing search engine, as well as a business incubator aimed at promoting local Internet technology startups.

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