Xiha Life is around since 2008 already and has not only attracted a substantial seed funding of $1 million in January 2010 but also added Jyri Engeström who is a co-founder of Jaiku, a micro blogging platform similar to Twitter which has been acquired by Google for $12 million in 2007, to the board.
The newest version of Xiha Life enables you to add your Facebook and Twitter stream to the platform and hence use its real time translation tool.
The translation feature is powered by the Google Translation API which we can see more and more in online education startups like WordSteps for example . Hence as a user of Xiha you can translate messages from your friends into 55 languages currently.
After you set up an account on Xiha Life you can connect your Facebook and Twitter account to the platform. Messages from those services will then be mixed in your stream on the Xiha Life platform with the people you might be following there.
I think, in a global world where you are in contact with people who speak other languages than yourself this is a very nice feature. Besides knowing what your contacts are talking about when they share or tweet something in their native language it could also be a nice feature for language learners.
Another, similar use of the Google Translation API can be seen in the chat application at Babelwith.me which enables you to chat in different languages with real time translation.