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As Facebook begins to grow, no doubt, it has attracted a lot of advertising revenue and this has gotten to a point that somebody is not feeling comfortable about it. Google is preparing to launch a social network, Google Me, to compete directly with the rise and increasing popularity of Facebook.
This is not the first time Google is swimming in the social networking pool. The company owns Orkut, which is popular in only a few pockets of the world. Also, Google did purchase and abandon Dodgeball. Even Google Buzz is not without some privacy issues. It will be tough for anyone to rollout a product to compete with Facebook. However, Google might have the resources to do so and we will see what happens with Google Me.
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