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'Anti-Facebook' project nears launch
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Quote:The open-source social networking project Diaspora reported on its blog this week that the code for its much-hyped "anti-Facebook" software will be released September 15.

Hatched by a team of New York University programming students, Diaspora raised $200,000 through a microfinancing strategy--nabbing small chunks of money from a lot of individuals.

The project has received a huge amount of press despite being little more than a vaporware reaction to Facebook's privacy snafus. That said, if the team is half as good at building software as it is at building hype, there might be something interesting in the upcoming release, and maybe even a viable business.

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