"The new program will be included in Google's free software bundle, called "Docs," which users must be online to employ. And the company will sell a souped-up version to businesses, universities and government agencies for $50 a year per user.
As PowerPoint does, Google's presentation software enables users to create a series of slides with a mixture of text and graphics on each. PowerPoint is widely used in business meetings."
Google: Making the world safe for public domain pictures and awful fonts, in bulleted lists, with disturbing wipe-ins, one application at a time.