There was little know about Dov Moran ’s start up Modu at CES 2008 last month. At the time, speculations eluded to a mobile technology that allows users to transform electronics into mobile phones, or vise versa, give mobile phone flexible capabilities of other consumer electronic devices. They were’nt that far off.

Investing in stocks is a risky business, especially when the markets are a roller coaster like today. Rather than putting all your money in US government bonds until the storm is gone, one can use the web to alleviate the risk by following every move of experienced money managers with verified track records.

Israel based CellGuide, designer and manufacturer of integrated GPS chips for mobile devices, has completed a second round of $8 million