You could build a twitter search app, which searches and returns real time news. It should be capable of categorizing tweets about an event as headline(MJ's dead), more info at(latimes.com), comments.
In short it should search twitter for real news and display it in a traditional blog style. Perhaps, it could even display excerpts from the info source site.
The comments display should be real time so that you can in effect discuss the news with totally random people without having to follow them or anything.
A killer feature would be an up/down voting system, so that any noise in the news items gets immediately voted out.
Btw killer domain name. Perhaps use "What's tweetin now?" as a tag line.
EDIT2: You could also add a user rating system like the one at stackoverflow, in order to get the bots out and give more weightage to more popular users.
In short it should search twitter for real news and display it in a traditional blog style. Perhaps, it could even display excerpts from the info source site. The comments display should be real time so that you can in effect discuss the news with totally random people without having to follow them or anything.
A killer feature would be an up/down voting system, so that any noise in the news items gets immediately voted out. Btw killer domain name. Perhaps use "What's tweetin now?" as a tag line.
EDIT: Why it would be valuable: Ask Jeff Goldblum :P ( http://technologizer.com/2009/06/25/twitter-the-fastest-way-... )
EDIT2: You could also add a user rating system like the one at stackoverflow, in order to get the bots out and give more weightage to more popular users.