We've heard there's movement again on "Pulse", a project Wes Craven was tied to at one time. With the success of film's like "Dawn ot the Dead" - apparently "Pulse" is similair territory - the studio's a bit more confident in doing the film.
The film, based on Kiyoshi Kurosawa's Japanese horror smash, "Kairo", would tell the story of a student who discovers a link to the world of the supernatural through the Internet. No word if Craven would still be involved if it does get green lighted [again].
Thanks to 'Clint'