Yahoo are in the process of creating a development platform - Y! OS.
Yahoo is creating a social fabric that will tap the 10B user relationships that are currently latent within Yahoo.
Search Monkey has been opened up for developers. The developers kit is being launched at the Web 2.0 Expo. This is Yahoo's semantic search capability that makes the search process richer and more relevant.
Yahoo is re-architecting from the inside out:
- Application Platform
- User and Social Platform
- Re-wiring existing properties to enable social leverage and consistent API access
- Making the Yahoo Experience portable
Social is not a destination. Social is an experience that drives relevance and context.
For example building an event stream that reflects your connections. [So Yahoo is leveraging the experience that is emerging in Plaxo Pulse.