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A few months ago, there was a rumor that Yahoo! was developing a new social network yahoo around the internet portals popular email client. This week yahoo CEO Jerry Yang gave a sneak peek at Yahoo! Life, or the service formerly known as Inbox 2.0.

The email inbox is at the core of Yahoo! Life, and you yahoo communicate with your email contacts in a number of ways. Yahoo! will put your incoming email messages in order based on its understanding of which contacts are the most important to Youll be able to access other Yahoo! services including Yahoo! Maps and Messenger. The ultimate goal is to have Yahoo! service work together so that, for example, if you have receive an email asking for a good place to eat, you can drag it into a map to get suggestions.

Youll also be able to access third party applications and services yahoo Evite and MySpace.