A blog is basically a web page where people write about "news." In the article "Brooklyn Blog Helps Lead to Drug Raid," Michael Wilson writes about how people discussing on a blog about drug problems near their homes helped in actually getting rid of the drug problems. In the article "Wal-Mart Tastemakers Write Unfiltered Blog," Michael Barbaro writes about how consumers talking about products on Wal-Mart's corporate blog helps determine what products go on the shelves. What is similar about both of these articles is that people collaborating on blogs have benefited one party or the other. Talking about the drug problems actually led to them filing complaints and eventually having the police run raids and consumers talking about products helped Wal-Mart's consumer research of what products are selling.
A wiki, according to wikipedia, is "a website that allows the creation and editing of any number of interlinked web pages via a web browser..." Wikis are used to show some kind of information on some subject.
Blogs and wikis are basically the same thing except that blogs are used for "news" and wikis are used for "information;" blogs are more subjective and wikis are more objective.
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