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Breaking: Google Just Created a Social Network to Attack Facebook


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If you follow Google's (NASDAQ:GOOGL) official blog to the point of compulsion, now and again you do find nuggets of gold. What Google very quietly just announced at first glance reads like much of their posts -- kind of nothing.

But a first glance is rarely useful at all, and a closer look reveals something unbelievable. Google just created another social network and it's a loaded gun pointed right at Facebook (NASDAQ:FB).

Google just announced "Spaces," a new app, and here's what it does, straight from the company:

We wanted to build a better group sharing experience, so we made a new app called Spaces that lets people get people together instantly to share around any topic.

With Spaces, it’s simple to find and share articles, videos and images without leaving the app, since Google Search, YouTube, and Chrome come built in.

Then Google goes on to write: "When someone shares something new to a space, the conversational view lets you see what the group is talking about without missing a beat."

Yes, not only has Google created a new social media, but it wrapped in four properties that already have over one billion users: Google Search, YouTube, Gmail, and Chrome.

Now, that's not a bad start for a social network. And when did this all happen? How about, right now:

“Spaces” is rolling out today on Android, iOS, desktop, and mobile web for all Gmail accounts.

CML Pro broke the filings that we uncovered from the United States Patent and Trademark Office (USPTO) that revealed Apple's (NASDAQ:AAPL) ever so cloaked social media that it calls "Groups." Here is a rendering from the patent application:

Apple is automatically forming social networks for people with iPhones.

Apple's "real world" network combined with consumer patterns and behaviors could put the company in a position of unprecedented influence. If anyone was wondering if Facebook's hallowed social network ground was safe from competition, the answer is no.

On the other side, Facebook today announced a direct competitor to Google's YouTube, while Apple announced a potential ad blocking proliferation to attack both Facebook and Google.

Not to be out done, Amazon also announced a new video service to compete head-to-head with YouTube while also reporting that it will start selling web advertising surrounding Amazon Prime purchases. That is a frighteningly valuable space for Facebook and Google to compete with.

This is just the surface analysis. There's so much going on with technology it's impossible to cover in one report but Apple, Google Facebook and Amazon are now in an elite group that will compete for markets that will be measured in trillions of dollars. And behind each of these market segments lies a smaller technology, the guts behind the real transformation. To take the analysis a step further and to actually find the 'next Apple' or 'next Google' we have to get ahead of the curve. This is what CML Pro does. Our research sits side-by-side with Goldman Sachs, Morgan Stanley and the rest on professional terminals, but we are the anti-institution and break the information monopoly that the top .1% have.

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Thanks for reading, friends.