There is no truth to the rumor that PostgreSQL has been acquired by TransMeta to be renamed TrangreSQL. It is a further baseless rumor that they will build a new web framework on this, based on a suite of custom applications. Finally, it is patently untrue that their new motto will be the following.
Just a suite TransWebSite from TrangreSQL, TransMeta
Dr. Frank N. Furter declined to comment on any of these unsubstantiated rumors, saying only (and with emphasis, "Ha ha!"