First and foremost this is not a social network account as Yahoo stated but its an online service that respond to your location

Yahoo calls it ‘Fire Eagle‘ and it has just been recently launched by this search engine giant to help people locate them or themselves for that fact

You update your location via web or phone, and Fire Eagle will display your location on the web. With this info, you can show your location on your blog, or share it with your friends to update your current status

Kinda cool feature eh, well I’m trying it out now. Unless you’re anal about your privacy, don’t even bother read this :)