Today marks the start of the Google I/O conference. The first keynote is already over, and the second begins tomorrow morning at 8:30. The first keynote saw the introduction of Google's web store as well as the opening of Google Wave. Google also announced a collaboration with Vmware to further cloud portability. This should help Java developers to develop and deploy web apps in a variety of environments at a much more rapid pace.
Google also announced their App Engine for Business. This allows companies to create their own applications, based around the same mighty infrastructure that drives Google's applications. App Engine for Business includes management and support features designed for enterprise clients and a simplified pricing system. They also offer premium developer support and a 99.9% uptime service level agreement.