Rumors surrounding a Google social network came to a head on Saturday as a leak provided early details of how it would work and a heavy mobile component.
Now thought to be called Google +1 to reflect a cornerstone 'like' feature, it would be significantly different compared Facebook and focus on an optional browser extension instead of a website. An iPhone app would figure prominently not just in the service but in clues as to the overall strategy, TechCrunch was told alongside the rumor: tentatively called Loop, the app would reflect social circles known as "loops"......
Source:
http://respectedadmins.com/blog/googles-social-network-called-1-may-have-iphone-app/
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