I did not encounter this convention while working on my math degree. I am surprised that none of the characters in the article said "0^0 is nothing, but limits of the form 0^0 can be any nonnegative real number or infinite".
1. Binomial theorem. Its statement does not conventionally include any caveats about the x^0 case.
2. D(x^n) = n x^(n-1). When n = 1 and x = 0, you get a 0^0 on the RHS. If 0^0 is taken to be 1, the derivative rule holds. Else, the statement gets messy: D(x^n) = n x^(n-1) if (x,n) != (0,1)