Google’s Socialstream and Yahoo’s Mosh
Rumor has it that Google and Yahoo are both creating their own social networking sites from the ground up. Google's is called Socialstream and it proves to be different from all the rest in that you can combine all the information from all your other social networking sites all in one place. Also add the information from your blogs and photo sharing sites. All your information will be tied to you, not the site your information came from. Socialstream is not live yet, but you can still see a screen shot.
Yahoo is calling their social networking project Yahoo! Mosh but they're not letting anyone outside the company access it just yet. Even though Yahoo! Mosh is a big secret you can still see a screen shot of what the site looks like.
~admin
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We might be looking at a future where many people won’t belong to one or two social sites, they’ll belong to more based upon their various passions. So what happens when there are just too many social sites for a regular guy to deal with? There probably will emerge a need for aggregation and single-profile platforms for social networks. Tools like these will abound, with the key being that these tools are in a unique position to truly understand each user’s preferences, affinities, and social webs.
Read more: http://diggindianews.com/IndiaBusiness/Are_Vertical_Social_Networks_The_Way_To_Go/