Yahoo backs Google's push for open social networks

Wed Mar 26, 2008 8:44am EDT
 

By Eric Auchard and Anupreeta Das

SAN FRANCISCO (Reuters) - Yahoo said on Tuesday it is backing a program by rival Google to make software work fluidly across different social networks, and will create a joint foundation to promote the effort.

The normally fierce competitors are working together in the OpenSocial network, which Google formed in November to lure Web software developers and other social network sites away from the emerging market leader in social networks, Facebook Inc.

Many social networks -- including News Corp's MySpace, Friendster and LinkedIn -- support OpenSocial, a set of technical specifications that lets software developers build applications such as games and photo shows that can run on any social network, expanding the audience for such software.

However, neither Facebook nor Microsoft Corp, which gave Facebook $240 million in backing last year, has signed up to support OpenSocial. Microsoft, which has mounted a $42 billion hostile takeover bid for Yahoo, also has an agreement to sell advertising on Facebook's site.

One industry analyst says OpenSocial is in catch-up mode.

"There is only one place developers go right now, and that is Facebook," Forrester Research analyst Charlene Li said.

"OpenSocial makes it easier for everybody else to get in the game," said Li.

The scope of OpenSocial is increasing and OpenSocial applications reach more than 200 million users, Joe Kraus, a Google director of product management, said in a conference call. Supporter MySpace alone counts 110 million active users.   Continued...

 
<p>A screenshot of a website showing Google social networking applications, taken on March 25, 2008. Yahoo Inc said on Tuesday that it supports a program by archrival Google Inc to develop applications for social networks and will help create a joint foundation to keep it alive. REUTERS/opensocial-examples.googlemashups.com</p>