Parakey is "a platform that 'bridges the gap between information on the web and the desktop,'" reports BBC technology. It is a start-up company run by two of the people behind popular web browser Mozilla Firefox - Blake Ross and Joe Hewitt.
On Wikipedia, Ross describes Parakey as "a Web operating system that can do everything an OS can do." The entry goes on to say: "He explains that the current problem with transferring data to the web is that in order to move an image onto the web you first have to transfer pictures from your digital camera, then upload them to a place like Flickr."
Part of the deal is that Ross and Hewitt help develop Facebook, which appears to be moving towards further empowering users of its site through the web, in the way that Google has done so successfully.