Is Chrome install messing with IE?

I recently install Google Chrome and have liked the experience so far. However, I kind of noticed something a little disturbing.

I use the Internet Explorer to upload my photos to picasaweb. Turns out that google has a really neat activex plugin that make it really easy to upload the pics to picasaweb. The screenshot of IE looks like this....



The question though is that ever since I installed chrome, this option is not awailable. Whatever happened? Removing chrome did not help either.

Something is fishy....

PS: There might be a million reasons FOR using picasa app. But unadvertised - unintended consequences of installing always irks me....