Yahoo! announce that they've aquired UK firm Whereonearth who provide wireless location services. As John notes "All Yahoo needs now is to become a Wifi ISP a la Google's ambitions, and it can pinpoint you down to the hotspot. Oh wait, it has deals with SBC, Bellsouth, and Verizon, which just so happens to be a huge Wifi provider...."

Rafat has the dirt on the details.