Friday, May 30, 2008

No cash in sight for Web 2.0 (from Financial Times)

A year on, the much-talked of “widget economy” has failed to take off. >>>>>

The shortage of revenue among social networks, blogs and other “social media” sites that put user-generated content and communications at their core has persisted despite more than four years of experimentation aimed at turning such sites into money-makers. >>>>>

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