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Google released the beta of new HTML5 animation utility that combines both coding and graphics. No surprise, front and center on its promotional content is a faux advertisement, as Google looks for additional ways to increase its revenue stream.

The last feature built-in ad editor mentioned on the webpage  is the first thing on the “Create New” screen.

Its a free download, and puts Google in the HTML5 animation race along with Hype 2 for OS X, Apple iAd Producer and Adobe Edge Animate. The death of flash has lead to some exciting alternatives, (albeit ad centric)