Well the rumors (see Om Malik, Techcrunch, Niall Kennedy, and Paul Kedrosky) are certainly flying about this happening. I have heard about this company for a while now, due to my interrests in photos and sites that host photos. Riya is one such, that has a twist. They can recognize people in your photos and tag them as such. There is a bit of a learning curve it has to go thru at first, but after that…it’s sweet baby.
So they are launching their service TOMORROW, and I can only imagine what sort of crazy party it would be if Google buys them. Congratz for getting your product which has never even been out, purchased by one of the largest companies in the world guys!