introduces

Update: Google has shared a video demonstrating Google Wave:    

Aside from announcing its new collaboration platform Google Wave today, Google has also introduced a set of real-time gadget APIs. These APIs allow Google gadgets hosted in different users' browsers to communicate with each other.

PayPal has introduced an app for Google's Android today. The app gives PayPal users easy access to their accounts from Android Phones. A post at the PayPal Blog lays out the features:

Google has launched a site called Google for Advertisers, which was created as a place where advertisers can find a wide range of info regarding all of Google's marketing products. It should also prove to be a useful resource for finding ways to use Google's tools to increase the success of you campaigns. According to Google, the four best ways to get the most out of the site are:

At Campfire One, an event where developers are invited to "talk shop" at the Google campus, Google announced a new set of features for App Engine that helps it interface more easily with existing technologies.

Google has introduced some new templates for rich media and video in the AdWords Display Ad Builder. Advertisers using the platform should take notice to these if they are looking to get consumers more engaged with their ads. Google provides a step-by-step walkthrough of how to use the templates in the following clip:

It doesn't look like Facebook's international growth rate is going to taper off anytime soon.  Huge numbers of people will find the social network easier to access as of today, since Arabic and Hebrew versions of the site have been introduced.

Today YouTube introduced collaborative annotations. Now you can give your friends the opportunity to write stuff that pops up throughout your video. To enable collaborative annotations: