This web 2.0 service will be launched under the Live.com brand in the next few weeks and will be called TDB. The project is codenamed Fremont and you can already find it over here.
This product represents a unique offering by Microsoft to address the person-to-person marketplace.
The product, code-named "Fremont", is a dynamic new listing service that enables people to easily buy, sell, or swap among friends, co-workers, or the public. Fremont enhances your ability to:
* Connect with those you trust - your messenger buddies and your coworkers,
* Locate items in your neighborhood or across the country through integration with MapPoint and Windows Live Local (formerly Virtual Earth),
* List easily, instantly, and for free.”