Silicon Valley is speculating that Google is working on a social network to compete with Facebook, called Google Me, reports the Los Angeles Times. That speculation stems from a tweet by Digg CEO Kevin Rose that he has since deleted and from comments on Quora from former Facebook CTO and Quora founder Adam D’Angelo. D’Angelo wrote that he had heard from reliable sources that Google has made the project a high priority. Google Chief Executive Officer Eric Schmidt wouldn’t comment, but did not deny the rumor at the Guardian’s Activate conference July 1. So far, Google’s attempts to create social...

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    staff and wire services reports