"12:53: Going into this, we know Chrome, the operating system, is a Linux-based desktop operating system that's designed for primarily for netbooks.
"We also know that it will use a new windowing system--sorry KDE, GNOME--and that its primary interface will be the Chrome Web browser. You could argue that is the first Internet-based operating system.
"Why does yet another operating system matter? Because this time, the company that's bringing it to the table, Google, is big enough to give Microsoft and Windows a run for their money on the desktop. The last time that happened was in the late 80s when OS/2 walked the earth.
"1:00 Ahead of the announcement, Google has released some of the source code at: http://src.chromium.org/"