Google has a new real-time collaboration and communication tool. Currently, it is providing access by invitation. Request an invitation and enjoy the wave when approved.
From Google wave's website,
"Google Wave is an online tool for real-time communication and collaboration. A wave can be both a conversation and a document where people can discuss and work together using richly formatted text, photos, videos, maps, and more"
Read more.
For more details, visit http://wave.google.com/help/wave/about.html
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