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Northwest Side to Get Another Library As West Side Fights to Keep Branches Open

September 24, 2009
disruptive tech

Northwest Side to Get Another Library As West Side Fights to Keep Branches Open

One of the wealthiest neighborhoods in Chicago will start work on a third public library next year, while two aldermen from the struggling West Side fight for funding to keep their library branches…

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By Deal Journal Michael Corkery and Jessica E. Vascellaro report: Twitter, the messaging web site that has become an Internet sensation, is nearing a deal to close as much as $100 million of new funding from as many as seven investors, according to people familiar with the deal. The investor group includes mutual fund giant T. Rowe Price and private-equity firm Insight Venture Partners, which are new investors to Twitter. The $100 million investment is about twice as much as Twitter was reportedly expected to haul in this latest round of fund-raising. Other investors in this round include venture-capital firms Spark Capital and Institutional Venture Partners, which have previously invested in Twitter.»

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