Google is know to be a feirce competitor with Google Chrome, Android OS, Google phones, but is it ready to make its way to Social Networking? It possibly may be a rumor, but google has all the right tools to start competing inthe social networking industry with “Google ME”. Google Profiles lets you customize a personal page with user info. Google Buzz lets you create status updates (Like Facebook and Twitter), and then their is Latitude which lets you share the location you are at currently. Google might be running for its money since facebook has nearly 500 million users, but everything has to start from the bottom and work its way up.