Yahoo Launches Tablet Platform Livestand

Yahoo wants to help magazine and newspaper companies thrive on tablet devices, while also ensuring that its own properties maintain their leadership positions on the new wave of touch screen, handheld devices.

The Sunnyvale, Calif.–based company has rolled out Livestand, a platform designed to serve as a central reading device for tablets such as Motorola’s just launched Xoom—but not Apple’s mega-hit iPad just yet. Livestand, due to launch some time during the first half of 2011, appears to be Yahoo’s answer to the popular iPad app Flipboard, which renders magazines more readable.

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