Google Me

For a significant period of time rumors have been filling the Internet space that Google will launch a new social networking project known as Google Me. Now the search giant CEO Eric Schmidt has confirmed that the big G will be launching Google Me this fall as an added layer of social networking on top of search, video and Google Maps.

Google expressed its belief in that Facebook is not the only successful social network and other social networking websites could becomes as big as Facebook.

According to the latest speculations on the Internet Google is preparing to launch a kind of Facebook rival service. According to a brief Twitter update by Digg founder Kevin Rose the new service would likely be dubbed as Google Me and in some way it would offer up a social profiling functionality that could rival Facebook's.