It looks like Yahoo! is being drug onto the blogwagon and offering their own weblog service. From what I gather from this analysis of Yahoo! blogs
on a Spanish-language weblog, they're testing the service in Korea
first. According to the report, the service has all of the major weblog features including blogrolling, an about page, and RSS generation. [via Blogpopuli]
Here's more info
(in English) with an opaque quote that sounds like it has the stamp of approval by Yahoo! marketing, "Yahoo! will continue to look into a blogging initiative along with services that can be built around it for customers."