What Google Wave Means for Facebook

Google dominated the business and technology press yesterday after it revealed the existence of Wave, a web-based application built upon email that enables users to share notes, pictures, blogs, videos and other bits of dynamic content in real-time. If successful, Wave would make Google’s core products and the web in general inherently more social, which begs the question: What does that mean for Facebook?

Overall, it might be too early to tell, but Facebook should keep an eye on where the technology is headed for a few reasons.

One

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