I just think that at this stage of the game Google needs to begin taking its massive portfolio of applications and either fold one into the other or make them part in parcel of a larger platform.
We all know that messaging (in all its formats) is a massive business. It would have been great if Google married services like gmail, Wave, Buzz, Voice, Blogger, Friend Connect and made it into a rather robust messaging platform. As such a Google user would never have to leave the Google ecosystem to gain access to Google services or other services like Twitter and Facebook.
Lastly, service availability must be accessed through a clean and customizable dashboard. I know the iGoogle is available but it’s just not up to the job.
This prompted Google to shut the service down in August, making some parts of Wave open source. Furthermore, Google promised to create tools that will help users extract their content from Wave.
Now, in a blog post, Google has an update on Wave, promising two things. First, Wave will be available “at least through the end of the year.” Furthermore, tools that will enable users to export their waves will be available “before the end of the year.”
Also, Google claims it’s still looking into “ways to continue and extend Wave technology in other Google products,” as well as “open sourcing more of (Google’s) code.” So, while Wave as it was will probably never make a comeback, don’t be surprised if you see a feature or two from Wave reincarnated in Gmail.

Google has released its second quarter 2010 earnings report. The centerpiece news is that revenue grew by 24% year-over-year to $6.82 billion — an impressive feat for the search giant. However, there was barely any growth from Q1 2010, when the company reported $6.77 billion in revenue.