I’m at work at the moment- but this was such cool news I had to at least mention it (I’ll write more later tonight or this weekend). TechCrunch and Mashable are both reporting that MyBlogLog has been bought by Yahoo! for around $10 million. MyBlogLog is one of the most promising Web 2.0 companies out there–great acquisition for Yahoo! in my opinion.

Update: TechCrunch reports that this story broke too soon. MyBlogLog & Yahoo! are in early talks, but there is nothing official to report.