When Myspace and Facebook were first created no one believed that they would become as popular as they are today. Social Networking is the thing of the future. It is a way to connect with people from around the world and a way to advertise the things you do and even sell. Yahoo! And Google have been feeling left out of the loop – which is why they are taking steps to update the way they do things.

They are both transforming their e-mails and creating a social graph (the connection between the different people). Yahoo Is working on something that they are calling Inbox 2.0 – which will leverage the data that is being collected into the e-mail accounts as well as the user’s personal homepage.
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Google’s open social networking platform play is the buzz of the blogosphere tonight. (see Techmeme). Indeed, it is called OpenSocial in that the set of APIs allows developers to create applications that work on any social network that joins Google’s open party. So far, besides Google’s Orkut social net, LinkedIn, hi5, XING, Friendster, Plaxo and Ning have joined the party.

Oracle and salesforce.com are also supporting Google’s OpenSocial efforts, which indicates that they have plans to add social networking elements to their application platforms. OpenSocial will officially launch on Thursday.

Popularity: 6% [?]