Eric Schmidt Confirms Google Me

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Google has been rumored to be working on a new social networking initiative called Google Me for quite sometime now. Even though details about the project are virtually nonexistent, that hasn't stopped some people from going as far as calling it a potential Facebook killer. Google CEO Eric Schmidt has now confirmed that the big G will be launching Google Me this fall as an added layer of social networking on top of search, video and Google Maps.

He made the announcement while speaking at the Google Zeitgeist conference in Scottsdale, Ariz. According to the Wall Street Journal , Schmidt is hoping that Facebook will at least allow the company's upcoming service access to Facebook users' contact lists. However, he also made it clear that the internet  giant has a contingency plan in case Facebook refuses to be sporting.

Facebook has so far resisted Twitter's attempts to let its users look up friends on Facebook. Twitter launched the feature as part of its FB app only for it to be disabled within a few hours.

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