Google has just launched it’s latest online product to grab it’s share in social media space, known as Google Buzz. Google Buzz will be the Google’s answer to social media networks such as Facebook, Twitter etc and to put a challenge before the other strong competitors, Google will integrate this social media product with it’s most popular email service, Gmail and it will automatically get integrated with Gmail that to be rolled out gradually to all Gmail user’s accounts over the next few days.

Since it has been released just before few hours, there are no more informations available on Google Buzz features. But one thing is clear that this time this time there will be no Google Buzz invites or Google Buzz invitations around like Google Wave, this service will be integrated with Gmail user accounts automatically.

Here is a two minute demo video of Google Wave that Google released during today’s press conference.

Let us know what you think on this new Google product. Will it be able to put a big competition before Facebook and Twitter? Keep your thoughts using the below comments section.