Google unveils reference tool after 7-month test

Google Inc. (GOOG) is taking the wraps off an Internet encyclopedia designed to give people a chance to show off - and profit from - their expertise on any topic.

The service, dubbed "knol" in reference to a unit of knowledge, had been limited to an invitation-only audience of contributors and readers for the past seven months.

Now anyone with a Google login will be able to submit an article and, if they choose, have ads displayed through the Internet search leader's marketing system. The contributing author and Google will share any revenue generated from the ads, which are supposed to be related to the topic covered in the knol.

The advertising option could encourage people to write more entries about commercial subjects than the more academic topics covered in traditional encyclopedias.

Whole story here.
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