Wipro Buys cMango

Wipro is buying California-based consulting firm cMango for $20 million, expanding its presence in the highly competitive field of infrastructure management. More on this over here.

MBT rechristens itself as Tech Mahindra

Mahindra British Telecom, poularly known as MBT, rechristened itself as Tech Mahindra. For more information, click..

Google snaps up Measuremap

Google snapped up Measuremap.com, giving a boost to its Analytics product.

Oracle acquires SleepyCat and HotSIP

Oracle has just bought Swedish VoIP company, HotSIP and open-source DB company,SleepyCat

MicroSoft acquires MotionBridge

Microsoft acquires MotionBridge to further consolidate its mobile search biz.

VeriSign’s latest acquisitions

VeriSign acquired Snapcentric and 3united.

India Startup Program Debuts

Early stage support ecosystem in India that is so vital to sucess of entreprenuership has caught momentum. RedHerring ran an article on the same. TIE’s EAP program, JumpStartUp and Erasmic Incubation Fund are mentioned in prominence.

Web 2.0 Innovation Map

The Web 2.0 Innovation Map grew out of an interest in how Web 2.0 development is distributed geographically. More on this over here

Google misses Street targets, shares tumble

Shares of Google Inc. fell as much as 19 percent (down $70) on Tuesday after the Web search company missed Wall Street profit targets for the first time in its short but spectacular history, as disappointing British results led to higher-than-expected taxes. The slide, which at one stage wiped out more than $20 billion of Google’s market value, illustrated the big risks investors have taken by buying the shares after a meteoric rise since their initial public offering in August 2004. For more click