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What does all this mean? It means we can expect the web to get itself organized, in a hurry. At stake is a significant amount of traffic from Yahoo search, and anyone else that may choose to build applications on top of this data.

Yahoo’s support for semantic web standards like RDF and microformats is exactly the incentive websites need to adopt them. Instead of semantic silos scattered across the Web (think Twine), Yahoo will be pulling all the semantic information together when available, as a search engine should. Until now, there were few applications that demanded properly structured data from third parties. That changes today.

It had to happen sooner or later. We’ve had Technorati. We’ve had TechMeme. Now we have Tweetmeme, which will track what’s hot on micro-blogging platform Twitter. The business of tracking the online conversation just a got shot in the arm with the tech equivalent of crack cocaine.

MySpace is essentially making key user data, including (1) Publicly available basic profile information, (2) MySpace photos, (3) MySpaceTV videos, and (4) friend networks, available to partners via their (previousy internal) RESTful API, along with user authentication via OAuth.