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Google Wave is an online tool for real-time communication and collaboration. A wave can be both a conversation and a document where people can discuss and work together. Wave is a communication tool using richly formatted text, photos, videos, maps, and practically anything that can be found online. And since it is shared, other Google Wave users within your network can reply to your message, edit your content and add other wave users into your wave. Google Wave is going to be faster than email.