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LinkedIn wants your business cards, acquires CardMunch. CardMunch, a startup that automatically transcribes business cards, just announced that it has been acquired by professional networking site LinkedIn.

LinkedIn wants your business cards, acquires CardMunch

Cofounder and chief executive Bowei Gai demonstrated the iPhone app for me around the time that it launched in August. It was an impressive demo: We lined up a stack of cards on the table, scanned each of them for just a few seconds, then started to receive the transcribed data (with only minor errors) within a minute or so. Here’s how CardMunch describes the deal.

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Chart. 2009. Google Wave Drips With Ambition. A New Communication Platform Fo. Yesterday, during the Google I/O keynote, Google’s VP of Engineering, Vic Gundotra, laid out a grand vision for the direction Google sees the web heading towards with the move to the HTML 5 standard.

Google Wave Drips With Ambition. A New Communication Platform Fo

While we’re not there yet, all the major browser players besides Microsoft are aligned and ready for the next phase, which will include such things as the ability to run 3D games and movies in the browser without additional plug-ins. But Google wants to take it one step further with a brand new method of communication for this new era. It’s called Google Wave. Everyone uses email and instant messaging on the web now, but imagine if you could tie those two forms of communication together and add a load of functionality on top of it. At its most fundamental form, that’s essentially what Wave is. Did You Know 4.0.