There’s a new place on these World Wide Webs that aims to suck up your time combining breaking news and social networking.

SodaHead.com hopes to combine their “active and robust community” with breaking news to create the first “social newspaper.” The initiative provides a forum to discuss breaking news and hot topics differently than traditional news sites.

“Existing online news outlets are great for reading the news, but they lack any meaningful interaction among readers to engage, discuss and learn from each other,” said Michael Glazer, president and co-founder, SodaHead.com. “SodaHead is a place to voice your opinion and see what the world is thinking on issues important to you. Everyone needs an outlet to express themselves, SodaHead is that place.”

SodaHead boasts a 2.5 million strong community in which users select stories, generally from mainstream sites and newspapers, then discuss them, rank them and vote on them.

Says CEO Jason Feffer, “Unlike The Drudge Report, Digg and The New York Times that are full of links to stories or the content is selected by an editorial staff, SodaHead allows readers to engage with one another and to talk about these stories in a dynamic, rather than static, environment.”