Google Wave - Emails, tweets, and communication within social networking

Google with an open source initiative is getting ready for a new and easier-to-manage package (that promises to overtake e-mail and social networking) called "Google Wave".

Google Wave is a new model for communication and collaboration on the web, coming later this year.

Wave seems to be another paradigm shift in terms of online communication. Emails, tweets, and communication within social networking sites could all quickly be replaced by what Google is calling "waves". This is the type of innovation that will fold all communications into an easier-to-manage package.

I am eager and looking forwards to it's launching date.

Watch the demo video below, sign up for updates and learn more about how to develop with Google Wave.

Here's a preview of just some of the aspects of this new tool.

A wave is equal parts conversation and document.
People can communicate and work together with richly formatted text, photos, videos, maps, and more.
A wave is shared.
Any participant can reply anywhere in the message, edit the content and add participants at any point in the process. Then playback lets anyone rewind the wave to see who said what and when.
A wave is live.
With live transmission as you type, participants on a wave can have faster conversations, see edits and interact with extensions in real-time.

Some key technologies in Google Wave

Real-time collaboration
Concurrency control technology lets all people on a wave edit rich media at the same time.
Natural language tools
Server-based models provide contextual suggestions and spelling correction.
Extending Google Wave
Embed waves in other sites or add live social gadgets,
thanks to Google Wave APIs.

So, watch out for it's first appearance!!!