Yahoo is joining the browser race with its rather awkwardly named Axis browser.

The new browser is said to feature a novel approach to UI design and it should make browsing more intuitive and visual. Axis is available as a browser extension for Chrome, Safari and Firefox, as well as a standalone app for iOS. An Android app is also on the way.

Like the latest iterations of Google’s Chrome browser, Axis also enables users to share their tabs between various platforms. Social networking integration is also on board to make sharing easier.

Sounds promising, but there are also some issues. CNET reports that a blogger has uncovered a vulnerability in the Axis Chrome extension. Apparently the extension leaks private certificate info and allows hackers to counterfeit extensions, this capturing all web traffic, including passwords.

More here.