The Web 2.0 Summit wrapped up this week--what were the highlights and big announcements? Netflix is launching a streaming-only service, and CEO Reed Hastings said "web-connected TVs are likely to constitute a third of the TV market this fall, two-thirds of the TV market next year, and 100 percent of the TV market in 2012 or so" (via VentureBeat). Twitter's Evan Williams revealed that "each Twitter user has a reputation score, which the company uses internally as part of its Who to Follow formula. That score may eventually become part of Twitter's public-facing features, says Williams" (via Mashable). Morgan Stanley's Mary Meeker made a presentation about the state of the web--you can see it here at Business Insider. Digital Trends reports that she "revealed that statistics point to smartphones easily outselling PC and laptop sales in 2012, and that by 2013, 650 million units will be sold." Search Engine Land posts Clicker CEO Jim Lanzone's Internet TV trends--"Of those under 35, fewer than 50% watch TV on a real TV. Instead, what they're doing is watching it portably, privately." And LinkedIn CEO Jeff Weiner shared some stats...

(via TechCrunch): the company now has 85 million members and is adding a member a second. Finally, possibly cool new company alert, from MediaBeat: Three former MySpace execs have launched Gravity, which is supposed to be like Pandora for the rest of the web; it could eventually become "a service for Web publishers to personalize content for their readers."