So what if yahoo has added one more Web 2.0 application to its growing collection?
Does it affect in anyway the bloggers like me? Probably not but a news is still a news!
Social network MyBlogLog has been bought by Yahoo for an estimated $10-12M. This adds to Yahoo's collection of trendy Web 2.0 apps - they can pop the MyBlogLog folks in with Flickr and del.icio.us.
For bloggers, MyBlogLog lets you literally see your readers - and it's amazing how much of a difference putting a face (or icon or avatar) to a reader is. It actually makes it a real community, because you begin to recognize and know people.
As of now, MyBlogLog is mainly used by techie bloggers - but that's because it's such a new product and only early adopters have jumped on it.
In mybloglog.com readers can become friends with other people who read your favorite blogs. See what else they're reading. Check out their MySpace and Friendster profiles and view their Flickr photostreams. Authors can learn more about their readers individually and as a group. What do they like and what are they ignoring? What are they reading elsewhere on the Web?
MyBlogLog enables you to take advantage of your existing presence on the Web and ties it into communities of like-minded readers and authors to add context to the conversations in which you take part.
Source: Read write web