WHEN KANWAL REKHI paid a visit to Exodus Communications three years ago, the Internet services outfit was crammed into a 10-by-10-foot...

In 1967, a young graduate of Bombay’s Indian Institute of Technology, Kanwal Rekhi, came to the United States to obtain a master’s degree...

First it was News Corp., then CondeNast and CBS Interactive. Now Hearst and Forbes have joined the Web 2.0 party, snapping up start-ups,...