Google shutting down Orkut.. so does it mean Google has accepted its defeat to Facebook??

Google announced today that it is shutting down its first social network, Orkut, on September 30.   Orkut, launched in 2004 and named after Google engineer Orkut Büyükkökten, who created it, was very popular in Brazil, where for years it was the leading social network....More on ==>>(http://www.telugucinemascope.com/news/google-shutting-down-orkut-so-does-it-mean-google/)