Yahoo bought Upcoming.org and to be honest I've never heard of them until I saw the announcement. Upcoming is another company whose idea is in the social networking space which is an area that I seems to be one step behind when finding out about the latest-and-greatest. ^^;
The whole social networking idea isn't new but lately it's been given a new twist and is better integrated with the Internet. This is a positive development, I think, but very much aimed at the 20-25 crowd Good thing I'm only 19 and so I'll hit it next year (just kidding).