The former CEO of Monster.com, who already stepped down from that post and as board chairman over the industry-wide stock option backdating scandal, just lost his seat on the board as well. Monster announced Andrew McKelvey's resignation from the board this morning. [Washington Post]
Spot Runner, an ad company that sells generic cut-and-paste TV commercials, took $40 million in funding. With a business-to-business product that can run under a hundred bucks, it's a mystery how this company will become profitable — so this $40-million investor debt may save the world from a hegemony of excruciatingly dull stock-footage ads. [LA Times]
The New York Times searches for an exciting description of the wild dot-com boom. It fails. "The words 'Internet' and 'bust' were rarely used in the same sentence." [NY Times]
A VP at Nielsen NetRatings searches for a non-asinine summary of why companies are finally demanding reliable web traffic stats. He fails. "When you grow up, you have to do certain things." [NY Times]
Former CIA agent and Open Source Solutions, Inc. founder accuses Google of working with the CIA. It's not the first time someone's alleged Google is secretly cooperating with federal agents. [Disgrunt via Good Morning Silicon Valley]
