Google Earth adds oceans, hits 5.0

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James Cook. Ferdinand Magellan. Vasco Núñez de Balboa. Hannu. Want to count yourself among their ranks? You could do worse than installing the new version of Google Earth – which features the oceans.

Previously, 70% of the earth’s surface in Google Earth was just covered with a basic blue blob. It vaguely reflected what was below, but not in any detail, especially when compared to Google’s land coverage. Well, now you can explore the seas in huge detail. You can even go below the surface and view data points – video, photos and text of ocean life and expeditions.

Kosmix.com – search, and crucially, context

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Kosmix.com is a new startup that’s trying to shake Google’s dominance of the search market. Good luck with that, guys. However, I rather suspect that their real agenda, to take an analogy with politics, is more similar to the Green Party’s approach to Labour and the Conservatives. It’s trying to change things not by grabbing a majority share, but by innovating and passing popular ideas up to the people at the top.

Kosmix is trying to change search by providing context to your results. On the results page, you get a list of (Google’s) search results, as well as relevant forum posts (from Omgili), Q&As (from Yahoo! Answers), Videos (from BlinkX, YouTube and Trueveo), Images (from Yahoo!) and News and Blogs (from MeeHive). There’s other resources too, depending on what you search for.

Web 2.0 companies aren't making money, say investors

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A large number of Web 2.0 companies aren’t making any money, or at least no revenue, despite being popular, according to entrepreneurs and financiers in the know.

Many sites offering social networking, providing space for user-generated content, and offering other cool online services, just aren’t successful when it comes to bringing in the cash. Some observers are predicting that the myriad of startup companies currently trying to get noticed will be gone in the next couple of years, leaving just a handful of financial successes…