The New York Times is reporting that Yahoo May Join Google-Led Social Networking Alliance. In the post from Miguel Helft, the word is that Yahoo intends join the Google-led alliance “as early as this week”. As we reported earlier today, there has been lots happening with OpenSocial and we’ll be hearing more shortly. Here’s more from the NYTimes report:

When asked about Yahoo’s OpenSocial plans, a company spokeswoman said: “Yahoo has a rich history of supporting open standards, such as OpenID and Apache Hadoop, as we believe industry collaboration is beneficial to the developer community and the Web as a whole. While we are evaluating OpenSocial as an emerging standard, we do not comment on speculation or rumors.”

Yahoo has said it wants to speed up efforts to open its site to outside developers. Although it is not a social network, Yahoo could benefit from third party “social” applications that allow users to share, say, their favorite photos, music or movies with their friends.

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