Internet TV service Joost received an injection of $45mln from capital firm Index Ventures (which led the round), Sequoia Capital, Li Ka Shing Foundation, CBS and Viacom. Each company invested in a minority percentage of the firm, providing funding that will be used to accelerate product development, global expansion, localization and service offerings.

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A Bit More on The WICT Network

The Women in Cable Telecommunications officially changed its name to The WICT Network Wednesday, and we’re learning a bit more. The new moniker is meant

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