Yahoo! annonunces entry into Blogging Market

After lots of speculation, Yahoo! has finally announced that it will enter the English speaking blogging market March 29 with a new service, Yahoo! 360, that combines blogging with social networking.

AP reports that Yahoo is testing the service with a small group of employees, some of whom have been working on the project since last year when the product was operating under the code name “Mingle.”

The service is designed to enable Yahoo’s 165 million registered users to pull content from the Web site’s discussion groups, online photo albums and review section to plug into their own blogs.

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Applications for beta testing can be made here.

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