The document discusses the key characteristics and technologies associated with Web 2.0. It defines Web 2.0 as web applications that facilitate interactive information sharing, interoperability, and user collaboration on the World Wide Web. Examples include social media sites, wikis and blogs. Key technologies that power Web 2.0 include Ajax, which allows asynchronous data updates, and JavaScript frameworks that enhance the user experience. Web 2.0 sites also use tags and folksonomies to categorize content and share data in open formats like XML and JSON.