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Industry blogger Alex Bunardzic writes in his "Ethical Software by Alex Bunardzic" blog: "Now that Microsoft has jumped onto the web 2.0 bandwagon, it is more than obvious that web 2.0 is dead as a doornail. Everyone knows by now that anything Microsoft touches turns into this big slimy brown mush, so now’s definitely the time to get out of that mess." Bunardzic analyzes and explains the Web 2.0 movement's fast rise and quick demise in his blog entry. He ends his blog with the following words: "So while wikis have been the first harbingers of the web 2.0 revolution, they continue to be the next wave, bravely pointing the way even as the web 2.0 is right now dying a horrible death of socio-pathological abusiveness. Let us therefore leave the frothy and frivolous world of web 2.0 popularity contest ridden sites, and march forward to the new web that will be less about ... (more)

SYS-CON Launches "Web 2.0 Journal" – World's First Magazine Devoted Exclusively to Web 2.0

View the "Web 2.0 Power Panel" on SYS-CON.TV We have a long way to go before the next generation of the Web truly arrives. Years and years. As commentator Shel Israel has said: "Web 2.0 isn't dead. It's just barely being born." In line with its commitment to keep developers, IT managers, and vendors alike ahead of the i-Technology curve, SYS-CON Media has just unveiled its latest new magazine and site: Web 2.0 Journal (web2.sys-con.com). The editor-in-chief of Web 2.0 Journal, Dion Hinchcliffe, commented: "2006 will be a largely Web 2.0-driven story. As we will be reflecting in Web ... (more)

As Google Share Price Passes $700, New Social Applications APIs Loom Large

At the end of last year the worldwide staff of Google passed the 10,000 mark for the first time; now just eleven months later a new milestone has been passed: Google shares this week hit $700 for the first time - just one month after reaching $600, in fact. It is no coincidence perhaps that the surge mirrors its involvement in preparing for today's launch of OpenSocial, described as "a set of common APIs for building social applications across the web." Fully explained here at SYS-CON.com yesterday thanks to a meticulously detailed "pre-announcement" by Marc Andreessen, whose Nin... (more)

Y! Mash: Yahoo! Tries to Catch Up With Facebook

Friday saw the beta launch, to invitees only, of Yahoo!'s latest attempt to catch up Facebook in the social networking stakes. Called "pretty raw" still even by its own project leader, Will Aldrich - ("there are bugs and we haven’t gotten to several of the features it really should have") - Mash claims to have a new approach to online profiles. "We just started inviting our friends outside Yahoo! to join us in testing Mash," blogs Aldrich. "If you’ve used other online profiles before you’ll feel at home in Mash," he continues, "But there are some new twists that ... (more)

Facebook Valuation Hits $15BN As Microsoft Buys 1.6% Stake For $240M

Launched in February 2004, Facebook is now worth $15BN - judging from the fact that Microsoft has reportedly just bought itself a modest 1.6% chunk of the company for a staggering $240M. Mark Zuckerberg, a former member of the Harvard Class of 2006, will not be short of change any time soon: as of October 2007, the website had 42 million active members worldwide and expects to pass 60 million users by the end of the year. According to today's New York Times, "Microsoft will sell the banner ads appearing on Facebook outside of the United States, splitting the revenue with it." "Ma... (more)