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It seems Google is closing corners to launch its social networking initiative - Google Me, a Facebook competitor. With its latest move - acquisition of Slide Inc, a social widget makes, clearly indicates the head path of the company. Slide Inc develops applications and virtual goods for Facebook, MySpace and other websites.
Adding more fuel to the so-called rumours till now about a possible launch of Next Major Social Website called "Google Me", one of the Research team member has posted amazing report on web with in-depth analysis of Social Networking needs, problems, solution & business. After its failed attempt to have stack in Facebook, lost by arch rival Microsoft, Google is working on alternative Social Networking website from some time.
The web has erupted with a wave of rumors about a new social networking service created by web giant Google. Bloggers are saying the service (which is tentatively called "Google Me") will be in direct competition with Facebook. But is it really a rumor or Google, known for its direct competition behavior and aggressive style of promotion, is working with closed door for its upcoming portal ?