Lucas Gonze’s Webjay has been acquired by Yahoo for an undisclosed amount, according to Kevin Burton and confirmed on the Yahoo Music Blog.
Webjay is an interesting application that allows users to publish music playlists on the web. It had not raised any outside capital, and is based in Honolulu, Hawaii. I’m betting the Yahoo corporate developement guys found plenty of excuses for on-site due diligence of this company. 
Congratulation, Lucas.
It is time that Yahoo! Music will work on FireFox and won’t give you stupid errors like:
Error
Sorry, we do not support Netscape on the Windows platform.
Error Code 25 – 0
Grrr…
Looks like http://www.last.fm is a bit further in their develoment…
Does anyone understand how Yahoo can publicly back this property considering that anyone and everyone can download the mp3s direct from other people’s playlists?
I personally love the idea but would think this would draw some serious unwanted attention in terms of DRM and the RIAA.