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What is Web 2.0?

Explain and give 5 examples on how it can help a small business - such as a local free publication magazine.

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Over the past few years, developments in Internet and on-line technology have increased with the deployment of broadband and wireless communication networks and the affordability of desktop and laptop computers. As a result, businesses and individuals around the world have harnessed these new technologies to create business-to-consumer business-to-business, consumer to consumer and the other e-commerce market places. In doing so, there has been a fundamental paradigm shift not only in how business and commerce is conducted but also in our lifestyle.

Web 2.0 represents this shift. This is a phrase coined by O'Reilly Media in 2004, which "refers to a supposed second-generation of Internet-based services such as social networking sites, wikis, communication tools, and folksonomies ? that let people collaborate and share information online in previously unavailable ways."

Thus many ...

Solution Summary

523 words to explain the origins and meaning of Web 2.0/Web2 with 5 examples of it in real life also given.