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Designed by Callum Peden, “Google Vision” is basically a “gadget about the size of a cell phone with built-in GPS that scrolls out to reveal a flexible screen — purpose would be to use image recognition and GPS data to tell you what you’re looking at.”

The image would be compared against a database of objects known to be near the physical location identified by the GPS electronics

[via PersonalTechPipeline]

LifeHacker provides us with a short excerpt from an Australian documentary on Google. What are your thoughts? Video after the jump.

My favorite parts are when the documentary makers dig in their heels about the privacy implications of Google storing its users’ search history for an indefinite amount of time. The clip I included above, a bit of the interview with Google VP Marissa Mayer, is a taste of how that goes

[via LifeHacker]

Sequoia Capital has just invested another $8 million — aside from the $3.5 million 5 months ago — in online video site YouTube. They serve up a whopping 100 million page views and 6 million unique visitors per day. All this capital will go towards new data centers and improvements to the website.

“We are pushing the boundaries of the Internet in ways that are unparalleled. By accelerating the build-out of our data centers around the world, we are poised to continue to serve up billions of videos in the most scalable and cost-effective way,” says Steve Chen, CTO and co-founder of YouTube.

[via DailyTech]

Founded two years ago by Mark Zuckerberg, Facebook is already the seventh most trafficked website online — according to Media Metrix — and received nearly 5.5 billion pageviews in the month of February alone. Now, the owners are looking to cash in for around $2 billion.

From the article: “Zuckerberg founded his company, originally known as The Facebook, as a way for classmates at Harvard to communicate. It was named after the books that colleges typically provide students, listing profiles and pictures of classmates.”

[BusinessWeek]

Finally, the world’s largest online payment processor has gone mobile. Simply register your phone with PayPal, create a PIN number, and start paying for items. There are two ways to do this: text message PayPal with the payment amount, along with your recipient’s phone number, or just call a toll-free 1800 number. Find out more info here. [TechCrunch]

According to these notes from Google’s Analyst Day Power Point presentation, GDrive is definitely on the horizon. This new service will let you store just about any file and access them from anywhere. Like other Google services (Video, Maps, etc.), GDrive will most likely have a basic (free) membership along with a variety of upgrade (paid) options.