The Open Social Monopoly

The New York Times is reporting that Yahoo intends to join OpenSocial a google lead alliance.

Yahoo’s backing, which could be announced as early as this week, would bring a large base of users to the OpenSocial alliance, which is seen as a counterweight to Facebook’s successful courtship of application developers. The alliance, which was announced in the fall, already includes MySpace, Bebo and several other social networking sites.