Socialtext Gets $9.5 Million And New CEO

When a company gets a new CEO, it can be a good thing or a bad thing, but when the new CEO was educated at Harvard and MIT, and worked at Adobe and Cisco, it’s probably a great thing.  Even better since the new CEO - Eugene Lee - is getting a fresh $9.5 million to play with at Socialtext.

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Hollywood Writers Strike For Internet Dollars

Film and TV writers are striking for the first time in almost twenty years after the Writers Guild of America and the Alliance of Motion Picture and Television Producers were unable to reach an agreement.

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Yahoo Launches Social Site For College Grads

Due to the arrival of OpenSocial, it felt like social networking had reached a new stage of development; Facebook stood alone, but other companies began to march under a single flag.  Now, however, there’s another “loose” contender called Kickstart.

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