It appears that Microsoft will launch its own social network called Socl, although the name might change (again). A quick pick from the source, Socl looks like other social networks (Facebook and Google+) with a three column interface. It has video parties where you can share a video from YouTube with friend and chat about is. It is basically the same as Google+’s hangouts. Socl is based on HTML5 and there is neither Silverlight nor Flash which is a big plus if you ask me. Socl started as, and still is, a research project but it will most probably be publicly available for testing purposes. Microsoft is grounded and they know that they might never get close to the number of users that Facebook has. It looks promising and I will definitely try it.
Source: [TheVerge]