It's time for our weekly summary of Web Technology news, products and trends. On the trends side this week, we had a great discussion about what's next after web 2.0, celebrated the success of the newsfeed, looked at enterprise use of social media, helped Twitter find a revenue model, and more. On the product side, we looked at 5 nascent recommendation apps, checked out a new semantic web reviews API, analyzed web-based IM service Meebo's latest news, and more. We also brought you the latest from our new Enterprise Channel.
a big impact on where Web Technology is headed. Has the world arrived at one of those giant inflexion points, we asked, where one Web era is usurped by another? We asked you to leave a comment in the post telling us what you think will be next. Many of you did just that and also the post was fortunate enough to get to the digg frontpage, where it received 100 additional comments. Finally, we polled our friends on Twitter this week and got many great replies. We synthesize, analyze and categorize all of the responses from RWW, digg and Twitter. What is next after Web 2.0? Read on!Over the weekend we editorialized that the world financial crisis will have
The internet is really exciting. There's a whole lot of information on it - an overwhelming amount, even. Years ago we first looked at it in monochrome text, then we started looking at it through a search box on an empty white page. What's next? Is it huge War Games style multi-monitor displays? A swirling UI somewhere between Tom Cruise in Minority Report and David Bowie in Labrynth? Today we're ready to declare The Newsfeed the dominant internet metaphor of the day; the cascading waterfall of updates from your friends, with comments swirling even around those - that model is everywhere now! Today one of the biggest photo sharing websites and the biggest news and email portal in the world both fell under the spell of the Newsfeed.
Opinion Research Corporation for Cone should come as a wake-up call. According to that study, 85% of Americans using social media think companies should have an active presence in the social media environment. What's even more interesting is that those users actually want the companies to interact with them while there.For any company that thought social media was a passing fad not worthy of their time, the numbers coming out of a recent study published by
Twitter is the poster child for the 'scale first, don't even think about revenue at launch, monetize much, much later' model of startup. In the current climate, ventures like that probably won't get funded. Which is a shame. Twitter is addictive and fun and even occasionally useful. If anybody can pull this business model off, it will be Twitter. It has scale, seem to be moving mainstream and they've even fixed their reliability issues. But Twitter won't survive if it doesn't find a great revenue model. This matters to all of us.
first Application Programming Interface (API) from the New York Times went live this week. First up is a campaign finance data API and next is a movie review API. Also available is a database management program initially developed for internal use at the NY Times. We believe that steps like this are going to prove key if big media is to thrive in the future.The much-anticipated
SEE MORE WEB TRENDS COVERAGE IN OUR TRENDS CATEGORY
A Word from Our Sponsors
We'd like to thank ReadWriteWeb's sponsors, without whom we couldn't bring you all these stories every week!
- FreshBooks offers professional online invoicing.
- SocialText provides an enterprise wiki platform.
- WildApricot is Membership Management Software.
- Strands provides real-time recommendations of products.
- Calais brings semantic functionality into your site.
- MediaTemple provides hosting for RWW.
- The Web 3.0 Conference is on October 16 - 17 in Santa Clara.
- Direct Media Exchange is a solution for managing ad networks.
- Rackspace provides dedicated server hosting.
- SmartyPig is Simple. Smart. Savings.
- Quintura is a visual-based search engine.
- Eurekster is a custom social search portal.
- SixApart provides our publishing software MT4.
Strands has announced the five finalists in the Strands $100K Call for Recommender Start-Ups. From music to video to pharmaceutical drug development recommendations, these plucky startups from all around the world will now present at the Association for Computing Machinery's Recommender Systems 2008 conference in Switzerland and one will be offered a $100k investment from Strands. Below is a quick profile of each of the five Strands finalists working to bring more of this paradigm into the present market, followed by our thoughts on which one we're most interested in.International recommendation technology provider
Facebook applications received word that they've got more runway ahead of them. At a time when many companies are struggling to find funding for their ideas, these Facebook app developers have found themselves with $25,000 more to spend on development. It's all thanks to the Facebook fbFund, a grant program designed to "identify talent and seed innovation on the Facebook Platform."With today's technology startups, sometimes a little funding can go a long way. Today, 25
BooRah, a restaurant review site we first reviewed earlier this year, just announced the availability of an API that will allow other web sites and business to offer online reviews and ratings from BooRah to their customers. The API will surface most of BooRah's data about a given restaurant, including ratings, menus, discounts, and coupons. BooRha also hopes that developers will implement this data in location aware applications through Mozilla's Geode and on the iPhone and Android platforms.
SmartSpace which lets anyone register a domain name and then instantly turn it into a social web site which aggregates any of the following components onto one page: a blog, a photo album, a chat application, email, RSS feeds, and even components from social networking applications like MySpace, Facebook, or LinkedIn. All you have to do is register the domain name you want and all the technical work is done for you - the site builds itself automatically.GoDaddy has just unveiled an amazing new service called
Meebo, the leading "IM in the browser" play, realizes this. And with Community IM, they're hoping to capitalize on it, by incorporating XMPP/Jabber IM into any Web-based community. If early numbers are any indication, they're going to be wildly successful.When people gather, conversations are bound to happen. And while people may be gathering and chatting in Web-based IM interfaces like GTalk, Facebook Chat, and MySpace Chat, that user base is relatively insignificant compared to the untold millions of others who live and breathe in online communities outside those walled gardens.
SEE MORE WEB PRODUCTS COVERAGE IN OUR PRODUCTS CATEGORY
RWW Enterprise Channel
new report by Forrester Research states that the market for collaboration and productivity web apps in the enterprise (a.k.a. enterprise 2.0) is set for a shake-up, with prices to fall in some cases by over half. Price drops will be especially sharp in blog, wikis, social networking and widgets. The only exception is mashups, which will increase in price over the next 5 years.A
Forrester says the price drops will be due to "cutthroat competition, commoditization, bundling, and subsumption", with many startups and established big companies competing for the enterprise dollar.
Email us if you're interested in writing for ReadWriteWeb's Enterprise Channel.
SEE MORE ENTERPRISE COVERAGE IN OUR ENTERPRISE CHANNEL
That's a wrap for another week! Enjoy your weekend everyone.