Google might be working on its own Facebook competitor

Google might be working on its own Facebook competitor

Internet giant, Google is rumored to be working on a service that will compete with the social networking site Facebook.

Digg founder Kevin Rose posted a short message on Twitter saying that the service will be called ‘Google Me’ and it will offer features that will rival Facebook. The facebook killer, as it has been termed will be the first major service by the company to compete with another Web 2.0 entity.

Google earlier launched the buzz feature to compete with Twitter however it has not been successful in its efforts. According to a report by ReadWriteWeb, most of the information published on Buzz is automated rehash from Twitter or RSS feeds.

It is not known as to where the existing user information feeds including Buzz, Wave and also Google’s own social networking site Orkut will feature in the new service. Experts estimate that the new service could attract only about 200 million users as Buzz requires a Gmail account and Orkut requires a Google account.

In another development, a site has reported that Open-Graph-friendly Web pages are now showing results on the social media site. If the users click the ‘like; button on third party sits it then becomes part of the social experience and the search results are also prioritized accordingly. This feature directly puts Facebook against Search leader Google.


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Overseas firms look past weakness in Indian economy

Overseas firms look past weakness in Indian economy

Global firms are making huge investments in India's consumer market, despite the overall weakness in the Asia's third-largest economy.

In the recent past, consumer goods giant Unilever announced its decision to invest $5.4 billion to increase its stake in its Indian arm Hindustan Unilever Ltd.

Available figures suggest that foreign companies collectively spent around $9.86 in mergers and acquisitions in India this year. The figure is the highest in Asia.

Chennai-born Mittu Chandilya to pilot AirAsia’s India operations

Chennai-born Mittu Chandilya to pilot AirAsia’s India operations

AirAsia's CEO Tony Fernandes on Wednesday revealed the identity of the person who will pilot the Malaysian airline's India operations.

Fernandes, the promoter of AirAsia, had announced in March that the airline had selected a very smart boy from Madras, with an amazing CV, as the CEO for AirAsia India.

Revealing the identity of the AirAsia India CEO, he yesterday said the CEO is 32-year-old, Chennai-born Mittu Chandilya, who is currently based in Singapore.