Yahoo.com is a great company that offers a lot of products for free. The one I use most is My Yahoo, which you can get free at http://my.yahoo.com .
The main benefit of My Yahoo, and I think it's a big one, is that as an RSS aggregator, you can show only headlines that are from the last 24 hours, last 2 days, etc. This way, your page isn't clogged up by old headlines you've seen many times. I haven't seen this feature available in other aggregators like Google Reader.
What's an RSS aggregator? basically it allows you to put news headlines from many sources on one page, instead of going to each website individually to see if there are articles you want to read. For example, on my My Yahoo page I have news from Yahoo News, Wall Street Journal, Wired Magazine, New York Times, gaming websites, shopping deals websites, DesiringGod.org, Techmeme.com, Techcrunch.com, and others.
You can also add sections like weather info, stock prices, and others. I also use Yahoo mail and you can see a preview of your email in My Yahoo.
Yahoo also offers other services like web hosting, merchant solutions, finding a new or used car, a browser toolbar, Yahoo messenger, and Flickr, a place that can host your pictures.
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