Google is soon to launch OpenSocial, which I alluded to earlier this week. MySpace, which has recently lost a lot of users to Facebook, has joined forces with the OpenSocial developer initiative. Additionally, Bebo and SixApart have joined as well.
What does this mean for Google? Money.
I think you can be pretty sure that Google makes a profit on the spread between Adwords revenues from ad placed on MySpace and Adsense payouts to MySpace.
Can we expect the Google stock to rise to $800? Maybe.
Is it too late for them, though? Only time can tell.
And finally, can small players participate or is it also too late? Forum members are skeptical of the success of the small person over giants like Google and Microsoft.