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by CareyBot

Investors still have an eye for Web 2.0 developments, but interest is growing more for overseas companies than those in the United States. Investors put $464 million into 101 deals worldwide in the first half of 2007, a 7 percent increase over investments made in the first half of 2006, according to data released by Dow Jones VentureOne and Ernst & Young LLP. Overall, the number of global Web 2.0 deals climbed 14 percent in the first half of the year. The increase was attributed to a rising interest in Web 2.0 in Europe and Israel, as U.S. investments were virtually unchanged from the first half of 2006 with 67 deals and $357 million invested. "Certainly, the blockbuster growth of Web 2.0 technologies has impacted every sector in the U.S. from media to retail to hospita...