A recent secret and confidential meeting between industry leaders and innovators was called by Google to help formulate a strategy to counter the popularity of users implementing applications onto their Facebook pages.
In a nutshell, Google will announce a new set of APIs on November 5 that will allow developers to leverage Google’s social graph data and ultimately google are planning to add a social layer on top of the entire suite of Google services.
Google is also considering allowing third parties to join the party at the other end of the platform - meaning other social networks (Bebo, Friendster, Twitter, Digg and thousands of others) to give access to their user data to developers through those same APIs.
However, news on the Facebook front;
Microsoft is reportedly in talks to buy a stake in Facebook.
Reports in the Wall Street Journal say Microsoft is in talks with the world's fastest growing social network about a 5% stake, priced between $300m (£148m) and $500m (£248m).
Microsoft already works with Facebook as its exclusive provider of advertising in the US.
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