A new website that allows users to compile news from the social web just launched its public beta version. Storify allows users to compile news from across the social web using sites like YouTube, Facebook, Flickr and Twitter and then build streams of information around specific topics. Users can also add text, pictures or their own information about a topic.
The information streams can then be followed by other users or even embedded on a website. Storify is now open to public users, after being tested by news organizations like The Washington Post, NPR and PBS.
You can read a New York Times article about it here.