My questions: How does it make my life better. What can I do with this service, that I couldn't do before.
As others mentioned, the website is difficult to understand (for me at least)
"As proud as we are to have played a leading role in developing satellite technologies, we have realized that our vision extends far beyond boxes in the sky. As Google revolutionized search for the online world, we have set our eyes on pioneering the search for patterns of change in the physical world. In order to focus firmly on the future, we’re pursuing that vision under a new name – Terra Bella."