Micro Persuasion points out an interesting defininition from information week for web 2.0.

“Web 2.0 is all the Web sites out there that get their value from the actions of users.”

Here’s my definition of Web 2.0 - a web site that makes money - because before almost no web sites were and they were still seen as being legitimate.

But seriously, web 2.0 is all about getting more interaction from users. Getting them more addicted to this socially isolating pretend world of information.

Social network Xuqa’s has spent around half of its vc money and is already in the black.

Just goes to show that social network sites can make money if you have the right money making business model.

3 in 4 plan to use Ajax soon and many are already using it.

In this study, 18.9 percent of respondents said that their companies have already deployed production systems using Asynchronous JavaScript and XML. Another 12.0 percent said that they are developing their first production systems but haven’t deployed yet, and 14.2 percent are developing pilot systems. In addition, 37.7 percent are studying the technology. Only 9.5 percent said that neither they nor their company has plans to use AJAX; 7.6 percent said that they didn’t know.

The Rich Jerk that crazy program is still making top money.

Now its moved on to major affiliate manager Commission Junction.

Micro Persuasion has a great article on a Wikipedia study which shows where Wikipedia is listed in google for the top 100 brands in AdAge.

Problem’s faced for brands is the warts and all are revealed about products and businesses. Some Companies have tried to control wikipedia but this has failed and seems unlikely that there will be a way of controlling accept producing a great product or service.

Top social media users are starting to get paid and make money with their online social media escapes.

Some users have found their own ways to make money whilest others are getting paid directly like at Netscapes new digg clone.

Many are wondering how much YouTube is worth. There are many ways to monetize a web site. There’s lots of money to be made with YouTube traffic when you venture out of the small publisher mind set.

Media buyers and Advertising Agencies are increasing their online spend all the time, and they’re used to spending a lot more money for mediocre results - thats why old world media’s new digital media ventures make so much money per unique visitor.

Two thirds of online advertising spend still goes on old school online advertising like banner ad’s and email advertising.

Advertising Agencies are more interested in brand than direct response results. That’s why they still spend more on banner ad’s over ppc.

According to this article over at business opportunities: Millions Of Americans Want To Go It Alone.

This survey is hardly surprising as millions of new small business owners start their business every year.

Is It Time to Raise Prices? That’s the questioned asked over at Inc Magazine.

Some great ideas and points made here about price.

Like Dan Kennedy says: “Live by price die by price”

Time Magazine has launched its mobile service.

It’s going to be interesting to see how well the time magazine mobile service performs.

Is the Time Magazine demographic techno savy enough to use this service?

Patrick Gavin from Text Link Ad’s was interviewed and states his Text Link Ad’s are great as an alternative to banner ad’s. (Which are over priced in terms of direct results but are still popular)

According to Gavin, purchasing a number of text links over a variety of niche sites which relate to your own can bring more targeted traffic compared to a banner ad on a generic site.

Online advertising is still increasing according to a Roy Morgan poll for the Internet Bureau.

8% of total advertising agency spend was on online advertising and this would increase to 12% over the next year.

Two-thirds of the spending was on general online advertising such as website banner ads and outbound, permission-based email. The rest went on search engines and directories, such as paid placement on Google or Yellow Pages online.