Yahoo is planning an overhaul of their homepage design, and will open up to third party developers. The design will incorporate widgets, and Yahoo Music will open up to iTunes and Amazon.
This continues a pattern of Yahoo opening up various products and services to third party developers. Earlier this year, Yahoo launched SearchMonkey, which lets developers manipulate how search results are displayed within Yahoo and later BOSS (Build your Own Search Service), which allows people to use Yahoo technology to fuel custom search sites.
The news wasn't enough to impress Wall Street analysts. Jeffries & Co. lowered their target stock price for Yahoo to $26 from $28. The stock was at $19.07 at the time of this post.