http://cache.gawker.com/assets/base/img/thumbs140x140/valleywag.com.png http://valleywag.com/tag/opensocial foundation http://valleywag.com/tag/opensocial foundation Yahoo, Google and MySpace plan to further compound their OpenSocial initiative with another initiative, the OpenSocial Foundation. OpenSocial is a widget platform Google first announced last fall when Facebook seemed poised to "take over the world" with its own platform. After the announcement, Google rushed OpenSocial into development and completed — sort of — a beta version earlier this year. The foundation proposal calls for 501(c)(3) tax-exempt status and protection against patent challenges. Ah, so this is really about getting donors to pay Google's legal bills!

]]> Valleywag-371906 Tue, 25 Mar 2008 10:20:00 PDT Nicholas Carlson http://valleywag.com/index.php?op=postcommentfeed&postId=371906&view=rss&microfeed=true