This article http://www.newsweek.com/id/183666 is from February's Newsweek magazine. The author claimed: "I learned the hard way: while blogs can do many wonderful things, making huge amounts of money isn't one of them." It is also interesting to read the comments of the article.
(Fortune Magazine) -- Financially speaking, Web 2.0 has been a total bust.
Social-networking companies such as MySpace and Facebook have loyal fan bases, but they're not exactly minting money.
--> http://money.cnn.com/2009/01/07/technology/hempel_threepointo.fortune/
Web 2.0 and free are kaput, Next - the smart, distributed, transparent Web, see full story ...
