Yahoo is going to launch Yahoo Buzz, a competitor to Digg.
It should replace the actual Yahoo Buzz – The Buzz Log : http://buzz.yahoo.com/
Project Manager is Tapan Bhat. Yahoo Buzz will be first open to 100 publishers and will rank the news according to the most popular search results and the number of votes.
This Summer YahooBuzz will be open to every member of the Yahoo Publisher Network, that means all webmasters that display Yahoo Ads on their Website. Very Bright from Yahoo to recruit publishers and to increase the overall Yahoo online Ad Revenue!
Here are some screenshots of Yahoo Buzz: