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Google’s Sundar Pichai, vice president of product management and Matthew Papakipos, engineering director for Google Chrome OS–joined by founder Sergey Brin–discuss how they plan to bring the OS to the market, then answer some questions from the audience.

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Direct from Google headquarters, and liveblogged by John Paczkowski, Google’s Sundar Pichai, vice president of product management and Matthew Papakipos, engineering director for Google Chrome OS, explain some of the advantages of the operating system: Speed, simplicity and security.

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Asked earlier this year if he would resign from Apple’s board in the face of Federal Trade Commission scrutiny of the close ties between the two companies’ boards of directors, Google CEO Eric Schmidt replied simply, “It hasn’t crossed my mind.” Well, apparently it has now.

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Microsoft chairman Bill Gates is finally having his say on Google’s wonderfully overblown Chrome OS announcement.

His take: It’s just another Linux distro.

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After a bit of reflection, the Street is beginning to have its say about Google’s new Chrome operating system, and the consensus seems to be that while Chrome is obviously the company’s most direct assault on Windows to date, it’s not likely to be all that disruptive to the ubiquitous OS. “It’s not good news for Microsoft,” said FBR Capital Markets analyst David Hilal. “The real question right now is how bad can it be?”

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QOTD

“While competitors are targeting the individual applications Google has deployed, Google is building a massive, general purpose computing platform for web-scale programming. This computer is running the world’s top search engine, a social networking service, a shopping price comparison engine, a new email service, and a local search/yellow pages engine. What will they do next with the world’s biggest computer and most advanced operating system?”

– Rich Skrenta, co-founder of Topix and Blekko, predicts Google’s Chrome OS in 2004.

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So Google has finally copped to developing an operating system–Chrome OS, a software platform “created for people who spend most of their time on the Web, and…designed to power computers ranging from small netbooks to full-size desktop systems.” It is an extraordinary market play. And an unsettling one. For it seeks to place Google, which already collects vast amounts of data about our Internet use, at the very center of our information experience. The privacy implications of that are, of course, horrendous.

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