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Yahoo! Widgets is the widget platform of Yahoo which was previously known as Yahoo Widget Engine (formerly known as Konfabulator). It is a JavaScript runtime engine for Windows and Mac OS X that lets you run Widgets (little apps) that can do pretty much whatever you want them to.
There are a lot of kinds of Widgets: alarm clocks, calculators, can tell you your WiFi signal strength, will fetch the latest stock quotes for your preferred symbols, and even give your current local or anywhere weather.
The format for these Widgets is completely open and easy to learn so creating your own Widgets is an extremely easy task. For the "skinning" crowd, Yahoo! Widgets is a dream come true. You can easily change the look, feel, layout, even functionality of a Widget so that it matches your lifestyle, your desktop,...
It’s really easy to use and very useful if you like to know everything and have it on your desktop.