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Is Google is launching New Social Networking site called Google's "social circle"?

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Hi everyone,

Is Google is launching New Social Networking site called Google's "social circle"?
I heard that Google is launching New Social Networking site called Google's "social circle" is this True?
Can anyone please tell about this?

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I believe that still this news is rumor, as There isn't any media release from Google Media Center that they gone launch in Social Media web site or application in online world.

And I m complete agree with abelLazm that Google Circle is a secret social networking project. so we have to wait for real time media release.

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