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Quepasa Finally Poised to Profit? Growing Latin Social Networking Site Says 'Si'
When re-launched 15 months ago as a full-fledged social networking platform, its Web traffic soared. But the money didn't follow. Now, executives at Quepasa believe the site is poised for profits. The basic premise behind the company's elaborate strategy is simple: tap into the human desires that cause us to show off, compete, trade tokens of affection, and, above all, flirt. To such an extent, of course, that users feel compelled to pay.

California State Sen. Abel Maldonado, the man behind cutting pay for himself and his fellow California state legislators, has been tapped by Governor Arnold Schwarzenegger the state's lieutenant governor post.

To complement our pending gift guide in the November/December issue of HispanicBusiness Magazine, we'll also be running online reviews of gifts we couldn't fit into the issue. Today, we turn our attention to a the Ninja Master Prep, a blender and food prep device.

Two new reports show mortgage foreclosure is still a serious problem in the United States, with the Latino and black communities being hurt harder than the whites.

HispanTelligence Research
For more than two decades, the annual Hispanic Business 500 directory has served as a barometer of the U.S. Hispanic economy. A purchase of the 2009 directory provides the top 500 Hispanic-owned companies list in Excel format including: CEO names; company addresses and telephone numbers; e-mail addresses for 310 companies and Web addresses for 456 companies; and company revenue and employees numbers for 2008 and 2007.

Hispanics are now the largest ethnic minority in the United States and during the past decade, U.S. Hispanic purchasing power has rapidly increased. This report takes an in depth look at how today's Hispanic Economy is transitioning into an economic power in the U.S. Click here for the executive summary and table of contents!

The number of Hispanic-owned businesses in the United States is expected to grow 41.8 percent in the next six years to 4.3 million, with total revenues surging 39 percent to more than $539 billion, according to new estimates by HispanTelligence. Spurred by growing entrepreneurial trends and affluence among the nation's largest minority population, the increase is expected to come at a robust rate of 8.5 and 8.7 percent, respectfully, over the next couple years.

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