Google Wave is a new tool for communication and collaboration on the web, coming later this year. People can communicate and work together with richly formatted text, photos, videos, maps, and more.
Any participant can reply anywhere in the message, edit the content and add participants at any point in the process. Then a playback lets anyone rewind the wave to see who said what and when.

With a live transmission as you type, participants on a wave can have faster conversations, see edits and interact with extensions in real-time. It is a new combination of email and chatting.

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