Google CEO Eric Schmidt gave a speech in London today, and was predictably
asked about a rumored Google social network
. Ever the clever businessman, Schmidt simply replied, " That would be a product announcement, and I won’t say." So he's saying it's a product? Well, at least that's the way the interwebs are taking it.
Rumors have been swirling for the past few days that Google is working feverishly to rollout a Facebook competitor called Google Me. There are no real details on the service as of yet, but Google's track record in social isn't very good. Orkut has not seen wide spread use, and the Buzz messaging service opened to major privacy concerns. Whatever Google is working on, hopefully they are taking a different approach.
We'd place our money on this being some sort of expansion of Google Profiles, which have always felt underused. Maybe Buzz would find a new life as a service integrated into Google Me. For now, we'll just have to wait and see. If you have any theories, let us know.