It was announced just yesterday that BuddyPress, a project that aims to turn WordPress MU into a social network, has been acquired by Automattic to help continue its development.
This is great news! I think BuddyPress has a lot of potential in today’s social-oriented web. If early versions are indicative of the final release, BuddyPress is going to be more than a plugin — more like powerful “plugin system.”
I’ve actually been tracking the BuddyPress project for quite a while. After the creator, Andy, announced he didn’t have time to continue its development, I seriously considered contacting him to offer to take over the project. But it looks like it’s now in much better hands! Who would be better suited to developing a revolutionary WordPress plugin system than the creators of WordPress itself?
Can’t wait for the release!

The idea of BuddyPress is to take a standard vanilla installation of WordPress MU and turn it into something that represents more of a community building tool, or niche social network. BuddyPress is essentially a set of WordPress MU specific plugins. Each plugin adds a distinct feature (or component) to BuddyPress and only handles functionality for that specific component (for example, private messaging). BuddyPress also has a core plugin that all other plugins require, it contains shared functions and performs the basic modifications to the WordPress MU interface.
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Pablet.