Google-Led Alliance Targets Facebok

New York Times:

Google and some of the Web's leading social networks are teaming up to take on the new kid on the block -- Facebook.

On Thursday, an alliance of companies led by Google plans to begin introducing a common set of standards to allow software developers to write programs for Google's social network, Orkut, as well as others, including LinkedIn, hi5, Friendster, Plaxo and Ning.

The strategy is aimed at one-upping Facebook, which last spring opened its service to outside developers. Since then, more than 5,000 small programs have been built to run on the Facebook site, and some have been adopted by millions of the site's users. Most of those programs tap into connections among Facebook friends and spread themselves through those connections, as well as through a "news feed" that alerts Facebook users about what their friends are doing.

Read the whole story: New York Times

Comments

[drblack]

02:35 AM on 11/01/2007

Google will be gathering even more info on you for the government.
If you like the Red Chinese Communist government you will love Google, Bush_Hillary and the New Police States Of America.

[Richard729]

09:58 AM on 10/31/2007

It's clear that the Bush mob, aided by the Feeding Chairman, Ben Bernanke, are determined to fortify the Potemkin Village economy that has engaged in the biggest borrowing binge in U.S. history.

Eagerly awaiting the the interest rate cut are the fat cats who can more cheaply borrow money to continue this house of cards Bush economy. They remember the free money days of former Feeding Chairman Alan Greenspan who lowered the rate to just 1%, doling out a huge government-subsidized program to the corporate thieves and swindlers. Greenspan, in his book and memoirs, The Age of Turbulence: Adventures in a New World,” now thinks those policies were wrong.

A little late for the mea culpa but then again, Greenspan has achieved god-like status among his Ponzi Scheme boys on Wall Street for bulking up their portfolios while ordinary working Americans struggled to make ends meet, many who are living payday to payday. The thought of affordable health insurance coverage for their families long ago evaporated into thin air.

The outcome of this withering assault against the U.S. labor force has been that workers' wages have decreased over the last ten years while the corrupt, tax-avoidance corporate biggies have seen their wealth factor swell by tenfold over the same period.

Now, with the national debt soaring, federal deficits hemorrhaging red ink and balance of trade deficits at the highest level in U.S. history, the dollar worth only about 56-cents to the Euro, Bush has decided to put America's assets and treasures up for sale to the highest bidders. The Chinese now hold the lion's share of I.O.U.s in the form of U.S. government securities that Bush and his economic gurus have issued to foreigners to finance his catastrophic war adventures in Iraq.

This arrangement will eventually collapse under the weight of the horrendous debt that Bush has amassed but as long as he can keep dumping money into the military-industrial complex for at least one more year he hopes to dampen the calamity which is his sad legacy.

[KBAR]

01:14 PM on 10/31/2007

The Chinese now hold the lion's share of I.O.U.s in the form of U.S. government securities that Bush and his economic gurus have issued to foreigners to finance his catastrophic war adventures in Iraq.

http://www.iht.com/articles/2006/02/16/bloomberg/bxinvest.php
LONDON: Britain led foreign purchases of U.S. Treasury securities last year, lured by a rising yield premium on U.S. debt.

Treasuries look like "good value and that's encouraging a lot of investors to get involved, especially when U.K. yields are so low," said Rabbani Wahhab of London & Capital in London

Shows how much you know.

[mcearlgrey]

07:41 AM on 10/31/2007

What is this "Facebok" of which you speak?