Well this is kinda wacky. Citing a "very credible source," Digg founder Kevin Rose tweeted that Google is preparing to release "Google Me," a service intended to go toe-to-toe (face-to-face?) with Facebook. Google Buzz, their most recent foray into social networking, was not a resounding success (read: total privacy shitshow) and I imagine there's some lingering scepticism about Google's ability to actually keep all of its users information on lockdown.
Then again, they already know just about everything there is to know about you, so maybe it'd be easier to forget Facebook altogether and just click a button in Gmail that says, "Yes! Cull your extensive records to make a "Google Me" profile in my best image, selectively including the photographs and personal interests likeliest to get laid." [Kevin Rose via Runnin Scared]