Web 2.0 is the new age of interactivity- allowing the user to upload, download, edit and become invloved in a website. Supposedly, it is an improved version of the World Wide Web.
examples of this are Wikipedia, Second Life and Habbo Hotel as they all allow users to interact with each other and have a certain amount of control over the website itself e.g. on Wikipedia users have the option to edit information shown in articles if there are errors or further information is known.
It does not refer to an update in technology but to an update in the way end users use the web and software developers create their software.
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