The big thing is that unless you're doing things that are newsworthy to the faction-oriented part of the community, there won't be any news to cover. :p
Well, there is always little things, Like Factions moving to New servers, New factions, New Bases being set up, new Ships being Brought out (Not Showcase style, nor every new ship), and Small Scale faction wars, and Provide some commentary on said events.
Whats more, you can cover Server related news as well; Whats Happening on illusive? Any Conflicts on Mushroom fleet? GeneralBLT's Server is become Public? Are there any events Planned on Nasszone? This would prove useful in itself cause then we know what servers are active, and might be worthwhile to set up on.
Hell, could even cover updates like Mushroom Fleet does - 3- As much as I appreciate the Devs writing such detailed updates... I often find myself missing stuff or waiting a little while cause of the sheer size (Dat 0.14 update o Ao)
And you dont have to do it daily, do a weekly wrap up including all the notable events of the week, and allow NEWS FLASHES for Major events (like another Large scale war).