Daylife is a news aggregator, trying to achieve the same thing as Google News, Topix, Inform, Spotback, TailRank, megite, techmeme, etc…
I suppose you could even include Topic Content Networks like, Boxxet and Zimbio…and Cit J services like Newsvine…and blog networks like Gather.
Basically it is a news portal, where you can choose a topic, people, places, organisations, timelines, photo gallery, quotes, top stories, highlights, bookmark stories to read later…see the tour.
I like that they have gone beyond just topic based news (I’d like to see sub-topics), but it is not very community driven or social (tags, ratings, commenting, posting)…also I’d like to limit news to just the blogosphere.
It looks like it is not meant to be a socially driven service, it’s more akin to a traditional news portal like Google News, with some personal customisation features.
TechCrunch mentioned there are no feeds (even for your bookmarked stuff), and commenting, and the front page stories are gathered by people…I guess not every new service has to be read/write web.
The MyWorld feature allows you to save bookmarks, search queries, people, sources, quick link sections (eg. topic, people, places), so at least there is old school customisation (by this I mean you are not quite interacting or contributing, you can just assemble your view).
All in all it achieves what Inform couldn’t do, and I’d like to use it over Topix and Google News. It’s good to see you can customise it like Google News Customised, and Spotback (this also personalises).