Microsoft Live Fremont
According to PCMag, Microsoft is testing it's answer to Google Base and Craigslist. Codenamed Fremont, the service will allow people to post listings, which will be indexed and made available via Microsoft's search engine. It's unclear, as with Google Base whether they will allow other crawlers to index these listings. It seems to be currently only available to MS employees.
Michael at Techcrunch thinks it's cool and will shake things up. That's enough for me to treat it with respect. Also reported by BetaNews, SearchEngineWatch and eWeek, and also discussed on Slashdot.
Related post on Live Custom Domains. Here's their blog.
Windows Live previously covered here.