Not exactly news, but worthy of a mention…
Photosynth may change the way you look at photography. All i can say is ‘Wow, cool.’

It takes a collection of photographs and analyzes them for points of similarity. It then generates a 3D point cloud and uses this to display the pictures in three-dimensional space. The end result looks a little bit like a LiDAR point cloud (for those who care about such things) with photos overlaid. The user can then click on photos in the browser, and the point of view changes to conform with the original location of the camera. And, of course, you can zoom in very smoothly to view more detail of a particular photo.

Lots of applications spring to mind.. generating georeferenced 3D models from geotagged photos in Flickr perhaps?

It’s a pre-beta product, so no guarantees about performance and support. It will be interesting to see what happens when this one graduates!