In Mountain View, Calif, there are few tears over Microsoft's winning investment bid that valued Facebook at $15 billion last week. That's because Google is re-envisioning the web, again.

TechCrunch reports that Google is working on a new project code-named "Maka-Maka."

The goal of the project is to do what Google does best: take a popular internet concept and set it free. Maka-Maka will open the door for developers even further by allowing two-way APIs.

The overarching concept goes beyond APIs and even social networks, however. All of Google's applications will be connected across a broad social layer, and users' activities will be available to their friends on a scale well beyond anything Facebook could achieve.