This is Pileus, an umbrella devised by two researchers in Keio University's Media Design department that has a pre-installed Flickr uploader and wi-fi so you can browse your photo gallery while you walk in the rain. A little bit distracting, sure, but no more than text messaging on your cell phone or playing your DS Lite.
Pileus also has Google Earth-driven GPS, a built-in camera, compass, and a motion sensor. It's just a prototype for now, but its co-creators are actively seeking commercial interest.
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