Announced earlier this week, the Yahoo! Internet Location Platform has been discussed by many geoblogs, including Yahoo's Dan Catt and CNET. Yahoo! has been very active regarding geospatial development in the last few years despite the attention towards Google and Microsoft. From the official page: "The Yahoo! Internet Location Platform provides a resource for managing all geo-permanent named places on Earth. Our purpose in creating the Internet Location Platform is to provide the Yahoo! Geographic Developer Community with the vocabulary and grammar to describe the world's geography in an unequivocal, permanent, and language-neutral manner. The Internet Location Platform is designed to facilitate spatial interoperability and geographic discovery; users can traverse the spatial hierarchy, identify the geography relevant to their users and their business, and in turn, unambiguously geotag, geotarget, and geolocate data across the Web. [...] In simple terms, the Service allows you to look up the unique identifier - called the Where on Earth ID, or WOEID - for almost any named place on the Earth; it also allows you to resolve a WOEID you have received from a third party - such as Fire Eagle or Upcoming - to the place it represents."
Read more of this story at Slashgeo.