The software interface for Glass is a type of web app called the Mirror API, and not a full-blown operating system like Android.
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At the time, smart money was pouring into software, chips, radios, glass and genes.
Even if the Nasdaq as a whole returned to Earth, smart money would keep searching for innovation in software, chips, radios, glass and genes.
Google: Project Glass, self-driving cars, pieces of software with charming voices that serve as personal attendants.
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Mr. Lee added that he expected there would be facial-recognition applications available on Glass in the future, possibly created by third party software developers.
That Apple is one of the biggest external developers for Microsoft is a boon, he said, since having his software in Microsoft products is like giving a glass of water to somebody in Hell.
Much of the unease over Glass revolves around whether it will ultimately incorporate facial-recognition software a sci-fi-sounding scenario that, according to The Wall Street Journal, was proven by a group of Carnegie Mellon University researchers in 2011.
So he invited Marc Andreessen of Andreessen Horowitz and John Doerr of Kleiner Perkins to form a group that will share information on deals in companies working on software, hardware, apps or related technology for Glass.
For instance, Google will ban developers from distributing their client software outside of the Google Mirror API Client distribution channel for Glass.
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Up to now, only software developers have been eligible to get their hands on Google Glass, the computing headset Google introduced last year.
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So, then, how did we get from those initial doubts to the launching of the Glass Collective, dedicating millions of dollars to finding, funding and fostering innovative applications (not just of the software variety) for Google's new wearable?
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