Rachael King wrote:

 

With purchase of email startup, Yahoo might be looking to take over your mobile phone from every possible angle, including where you store your contacts.

 

 

 

 

Yahoo can't seem to go one week without adding another startup to the portfolio.

Just before everyone takes off for Independence Day, the rejuvenated technology giant is making moves to acquire Xobni, a self-described "smart address book."

With products for Microsoft Outlook and Gmail, Xobni (or "inbox" spelled backwards) developed a platform that essentially aggregated everyone you have possibly contacted (whether it's via email, text message, phone call, etc.) and tried to unify and organize that data to provide more comprehensive contact files. Those files were also populated with updates from Facebook and Twitter.