A view allows you to pull information dynamically from your Drupal database and arrange it in many different ways for viewing. The great advantage of a view is that it will update automatically as new content is added.
You control which content type to draw from and which fields from that content to display. The view may be created as a page or a block. You can display your data in several different formats, e.g., grid, table, or jump (popup) list.
Recent News and Recent Blogs on your new Drupal Cloud site are examples of views.
For more information about Views click Advanced help, then Views on the administrator toolbar. The lynda.com video Drupal 7 Essential Training has a chapter about Views titled Chapter 14: Displaying Information with Views.