STEVE INSKEEP, host:
NPR's Business News starts with an alliance against Facebook.
Google plans to gang up with a dozen tech companies in a bid to beat out the popular social networking site. It's created a group called OpenSocial to write programs that can run on any social networking site at all. They want to create an alternative to Facebook, which has become the gold standard. Google is launching this campaign just a week after it tried to invest in Facebook, but lost out to Microsoft. Microsoft paid $240 million for a stake in that site.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.