Tech News

Investor's Business Daily - The huge chip industry has underperformed the stock market for most of the past four years, but one chip sector has been on a roll for much of this year: smaller and midsize analog chip companies.No tag for this post.

Versant Ventures, a Newport Beach- and Menlo Park-based venture capital fund, announced today that it has closed Versant Venture Capital IV, L.P. at $500M. The fund brings Versant's total under management to $1.6 billion, in the areas of biotechnology, pharmaceuticals, and medical devices. Versant Ventures said the firm now has more than 75 portfolio companies under management. Versant Ventures said that it will target approximately 30-35 medical device, biotech, and pharmaceutical investments throughout the U.S., with everything from a "few hundred thousand dollars" in seed investments to $20M. Versant's Southern California investments include Novacardia, Eyeonics, and Cadence Pharmaceuticals. READ MORE>>No tag for this post.

PC World - T-Mobile becomes the latest carrier to allow parents to set limits on calls, text messages, and downloads for their children.No tag for this post.