In this same spirit, we announced today that weâ€™ve joined forces with Google and MySpace to create the OpenSocial Foundation, and will also begin supporting the OpenSocial standard. Industry consortiums such as this often start slowly and evolve over time. So far, OpenSocial is rapidly growing and adapting, but still in the early stages. We feel that this is the right step at this stage in its evolution. Itâ€™s no longer a trial balloon â€” itâ€™s for real. We are taking this opportunity to help ensure websites and developers feel confident using OpenSocial as the building blocks for their new social apps.
We already offer Web services and APIs through the Yahoo! Developer Network that make it easy for developers to build applications and mashups that integrate data sources in new ways. We think OpenSocial will continue to fuel this innovation and make the Web more relevant and more enjoyable to millions.
The big question though is whether they’ll do what Bebo did and then supports Facebook Applications too.
Update: Further thoughts. The foundation looks good with it owning the IP and NOT Google. This is better for sure. Is this also forcing Microsoft to join via the backdoor if they eventually do nab Yahoo!?