tech startups

India's Internet Comes of Age with First $1 Billion Dot-Com

When tech writer Alex Salkever issued his five tech predictions for 2010 last year, he boldly proclaimed that India's nascent tech sector would see its first blockbuster startup emerge. That blockbuster turns out to be MakeMyTrip.com, and it's likely to be followed by many more in 2011.

Cloud Computing Is Growing Up, and VCs Are Feeding It

Last week, on-demand-software giant Salesforce.com acquired a cloud software startup called Heroku for $212 million in cash. That's par for the course these days as cloud computing goes from buzzword to reality. And venture capitalists are flocking to put money into the next Heroku.

A Love Story That Could Break Investors' Hearts

The Chinese online-video site had the strongest first-day rally of any company on a U.S. exchange since China's Baidu in 2005. But the flip side to promise is risk -- and the risks of pinning big hopes on Youku are also big.