The session, screened globally and hosted by presenter Gabby Logan, saw Beckham deal with questions from social networking sites including Twitter and Facebook, as well as those from Yahoo! competition winners.
Beckham received questions from a wide range of countries — from France to India — with host Logan also occasionally quizzing the former England captain.
Beckham was asked about the travails of England at this summer’s World Cup, where the Three Lions were knocked out at the hands of Germany in the second round, and his role in the disappointing tournament.
When asked about events within the squad in South Africa, Beckham defended Capello and placed the blame for England’s performance in the hands of the players.
“The manager did everything he could have done, he worked the players the right amount, prepared the players properly and set everything up correctly," he said.
“It has to be down to the players, as players you know it if you don’t perform well. It [success] is not about individuals, it’s about how the team played.
“You win as a team and you lose as a team, you have to learn from the bad sides, but well will do that for next time."
Beckham, who had a supervisory role in the England staff after injury had earlier ruled him out of the 23-man squad, dismissed any thoughts of him being a manager after his playing career ends.
“I have no interest in being a manager," Beckham said.
"It’s not a passion of mine, but I’m passionate about playing the game and being there.”
He did, however, reveal that he took members of the squad aside at the World Cup to offer his expertise, but confessed: “I would have done that [talking] anyway, if anything needed saying from the manager to the players or from the players to the manager that was kind of my role."I enjoyed that but, coaching-wise, I love coaching kids - that's one of the reasons I have my academies - the children.
"I love seeing their faces when they're kicking the ball around. I love the enthusiasm, the honesty - that's one of the things I love doing."
The former Manchester United and Real Madrid midfielder is the Yahoo! ambassador for football and was appearing in conjunction with that role.To watch 'The World Interview David Beckham Live' on Yahoo! visit: http://game.penaltyshootout.yahoo.com/beckham/uk/