Yahoo is joining late in the game but they are coming up with something which might be very well a game changer. A personalized digital news stand based on your location, interests and some other factors aka the Livestand.

With Livestand from Yahoo!, what you’re reading will be personalized based on your interests, your location and even the time of day. Your experiences, which will begin on tablet form factors, will include intuitive touch interactions and an elegant design that focuses foremost on the content.

The app will be released in the first half of 2011 and will offer content from major Yahoo content news streams(Sports, News, Finance, Flickr, omg!, and the Yahoo! Contributor Network). In all if Yahoo does as described, they do have something credible in hand for iPad users.