Web 2.0

AAA

DEFINITION of 'Web 2.0'

A term used to describe companies, applications and services on the Internet that have transitioned from the old "Web 1.0" structure. Web 2.0, in general, refers to the web applications that have transformed following the dotcom bubble. It describes the new age of the Internet – a higher level of information sharing and interconnectedness among participants. Web 2.0 does not refer to any technical upgrades to the Internet; it simply refers to a shift in how it is used.

INVESTOPEDIA EXPLAINS 'Web 2.0'

Examples of Internet sites that are classified as Web 1.0 are Britannica Online, personal websites and mp3.com. These websites are generally static websites with limited functionality and flexibility. Some examples of Web 2.0 sites now include Wikipedia, blog sites and Bittorrent, which all transformed the way the same information was shared and delivered.

RELATED TERMS
  1. Electronic Commerce - ecommerce

    A type of business model, or segment of a larger business model, ...
  2. Business Model

    The plan implemented by a company to generate revenue and make ...
  3. Business Logic

    Custom rules or algorithms that handle the exchange of information ...
  4. Cash Bonus

    A lump sum of money awarded to an employee, either occasionally ...
  5. Strategic Management

    The management of an organization’s resources in order to achieve ...
  6. Performance Management

    The management of employees, departments, and organizations to ...
Related Articles
  1. Economics

    Financial Media 4-1-1 For Investors

    Cut through the information clutter and decipher the useful news from the useless.
  2. Entrepreneurship

    From The Printing Press To The Internet

    Find out how this invention contributed to the development and evolution of the U.S. economy.
  3. Personal Finance

    Tips For Keeping Your Financial Data Safe Online

    Find out how to protect your personal information from phishers, scammers and thieves.
  4. Personal Finance

    Avoiding Online Investment Scams

    Find out how to spot internet fraud and protect your hard-earned money.
  5. Fundamental Analysis

    The History Of Information Machines

    Discover how technology changed the way we exchange information when trading.
  6. Economics

    What is a roll-up merger and why does it occur?

    Find out what a roll-up merger is and how it is executed. See why roll-ups might bring added efficiency and competition into a fragmented market.
  7. Stock Analysis

    How American Express Counts on Your Profligacy

    Consumers like novelty, reliability, variety, and other subjective qualities. But what really keeps them coming back to American Express is convenience.
  8. Stock Analysis

    How CVS Grew Into a Drugstore Giant

    Want proof that brick-and-mortar businesses aren't dead? Just look at this company.
  9. Investing Basics

    What are key points to a good corporate social responsibility policy?

    Learn the main components of a good corporate social responsibility policy, including communication with stakeholders, partnerships and measurement tools.
  10. Personal Finance

    What are the top trends in corporate social responsibility?

    Learn about top trends in corporate social responsibility. Companies are increasing transparency, innovating, investing locally and addressing inequalities.

You May Also Like

Hot Definitions
  1. Command Economy

    A system where the government, rather than the free market, determines what goods should be produced, how much should be ...
  2. Prospectus

    A formal legal document, which is required by and filed with the Securities and Exchange Commission, that provides details ...
  3. Treasury Bond - T-Bond

    A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years. Treasury bonds make interest ...
  4. Weight Of Ice, Snow Or Sleet Insurance

    Financial protection against damage caused to property by winter weather specifically, damage caused if a roof caves in because ...
  5. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  6. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
Trading Center