Looking at recent news it appears the focus is still on social networking. MySpace now gains its spotlight on showcasing music and selling performance videos. Facebook struggles with privacy issues ( or does it, think of the publicity the site has gained in recent weeks) Ebay are trying to crack Japan.
Companies will soon be asking for an entire presence on social networking sites and will realise the huge target audiences of ebay.
The whole shape of SEO is set to change and search is bound to be more and more social. Personally, I welcome the forthcoming changes. This should also shake up the worryingly high number of so-called internet marketing companies appearing on the web who offer little more than expensive review services and out of date SEO methodology.