Web 2.0 News

Encyclopedia of Life: Better Than Wikipedia? Formally announced during the week with funding of $12.5 million.
Formally announced during the week with funding of $12.5 million, Encyclopedia of Life aims to be an online reference source and database for every one of the 1.8 million species that are named and known on earth. Encyclopedia of Life is a collaborative effort. Tens of thousands of citizen scientists with expertise around the world are responsible for the creation of content.

Source: http://www.techcrunch.com/2007/05/13/encyclopedia-of-life-better-than-wikipedia/