In one of his most accomplished and assured public interviews, Mark Zuckerberg, Facebook’s founder, predicted a social revolution over the next five years.

“Almost every major product vertical’s going to get rethought to be social. Get on the bus!” he told the Web 2.0 Summit in San Francisco. Read more

Google and Facebook have ceased to innovate, according to venture capitalist Fred Wilson, an allegation that John Doerr, a rival VC and Google board member, found hard to refute at the Web 2.0 Summit in San Francisco.

Mr Wilson (pictured right, photo courtesy of Web 2.0 Summit), author of the popular A VC blog and a managing partner at Union Square Ventures, said Google had not come up with anything truly transformative that was a home-grown product since Gmail, introduced in 2004. It had relied on acquisitions instead to develop new services. Read more