PC World writes, "Microsoft announced yesterday that it would empower its Windows Live portal with social networking features starting sometime next year. With Windows Live getting more social, 283 million Hotmail users are prone to become part of the world's largest social network. But has Microsoft forgotten the huge investments it made in Facebook?
In a social network-like context, Microsoft's Spaces, Windows Live Hotmail and Windows Live Messenger will be able to communicate with each other, allowing users to keep in touch, just like Facebook does to some extent, but in separate applications. This new convergence has a massive potential to overtake in popularity Facebook, in which Microsoft already invested $240 million last year."