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Web 2.0 is a web technology of web based communities including the social media and social networking site.
Social media is an online media where photo, videos , podcast and images made in via social media site including Internet forums, message boards, weblogs, wikis, podcasts, pictures and video. Social Media or Social Networking has a number of characteristics that make it fundamentally different from traditional media. Social networking is a form of viral marketing on which you can promote your products and services through community like Myspace, Facebook and Linkin.
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