Feedly provides a real-time summary of the most relevant content available on the web based on your interests, your reading patterns, and recommendations from your friends. You can take your different profiles, bookmarks, and accounts from sites like Twitter, Yahoo, GMail and Friendfeed, and apply them to your Feedly.
The result is a comprehensive location where you can read the news that is most important to you without the effort of filtering and scanning through hundreds of posts that may not be immediately relevant to you even if they are coming from a blog or site you ordinarily enjoy.
The unique thing that Feedly does is automatically identify which friends you follow and create a wall where you can see what stories they find interesting.