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Archive for 28/02/2007

What is Web 2.0?

Web 2.0 is being defined by some as the next generation in web based services whereas others believe the terms has no real meaning. Michael Wesh, Assistant Professor of Cultural Anthropology at Kansas University gives his take on the term in this video interview.

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Out with the old in with the new media

Last year, almost 18,000 media employees lost their jobs—the biggest group of layoffs since the dotcom bubble burst in 2001, as reported on www.broadcastingandcable.com.

The article states that, some of the world’s biggest “old-media” companies—including MTV Networks (MTVN), NBC Universal, Disney and Discovery Communications—are axing staffers in handfuls and hundreds. In one of the biggest reductions, Time Warner’s AOL began cutting 5,000 employees in December, about 26% of its workforce.

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