12-19-07
KEY POINTS
- Social Networking APIs
- Cloud Computing
- Google Releases Open Social
Thursday, December 13, 2007
Web 2.0 applications just keep getting better, gaining the features people expect from traditional desktop applications.
Even though the business models to support online applications are still fuzzy, tech start-ups and established software vendors plowed ahead in 2007, creating an explosion of online digital media and social-networking sites and features.
While the big story in 2006 was Google's acquisitions, rival Yahoo this year netted, for about $350 million, one of the prized Web 2.0 companies--Zimbra, which makes an Ajax-heavy Web e-mail and calendar application.
The incumbent desktop software vendors, notably Microsoft and Adobe Systems, also committed to software services in a substantial way.
In February, Adobe's then-CEO Bruce Chizen told CNET News.com that the company was working on an online version of Photoshop, news that set the blogosphere buzzing.
Click here to read the whole CNET article
