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Web 2.0 In The News: Social-Network Sites Are Leading a New Tech Boom, Reports Newsweek
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03/26/2006, By i-Technology News Desk
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In the upcoming edition of Newsweek, dated April 3, the cover story features fledgling companies MySpace.com and Flickr and describes them as "leading a charge of innovators making hay out of the Internet's ability to empower citizens and enrich those who help with the empowerment." The story examines how user-generated Web sites are rocking the Internet and leading the next tech boom.
MySpace is the prime hangout of 65 million (mostly young) people and thousands of rock bands, movie stars and marketers begging for their attention, say the authors Steven Levy and Brad Stone. They go on to explain, in their article titled "Putting The 'We' in Web," how Flickr built a 2.5 million-member community solely around a passion for sharing photos.
Levy and Stone contend that Web 2.0 is a "misleading" term since, as they write, "some supposedly Web 1.0 companies like eBay and Google have been clueful about this all along."
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