Web 2.0: Revitalizing the Net?

The emergence of the next generation of Internet technology and applications has led to the coining of the term Web 2.0 to indicate that the Internet now has more capabilities than ever before. The Internet media companies such as Google, News Corp, and Yahoo are just some of the leaders taking advantage of this with the introduction of new services and applications. This revival of the Internet has also led in part to the re-emergence of the Internet economy, and more specifically e-commerce. The increase in broadband connections is another factor that has led to this revival according to BuddeComm.

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