Fwix is a news aggregator that allows you to log in via Twitter or Facebook and begin sharing breaking stories. You are able to see how many stories you have broken for the day, the week and all time down the right side.
The news stream was localized for my city and was pulling information real time. How long ago each story was found is listed and you can mark them read or shared.
It appears to be a good way to keep up with very localized news and share it quickly. The UI is clean and light which makes it appealing.