The battle for Brazil's social network

The business magazine Exame is chasing rumors Facebook is opening an office in Brazil. While Facebook hasn’t confirmed the story, here's the evidence so far: Facebook registered an office with the Board of Trade of Sao Paulo; They hired a former Google employee to lead some kind of new team here. Brazil is a major battleground in the war between Google and Facebook. Google’s social networking site Orkut beat out Facebook here for years, but recently Facebook has been gaining ground. Stay tuned.