Information literacy is a set of abilities requiring individuals to "recognize when information is needed and have the ability to locate, evaluate, and use effectively the needed information." - ACRL, Information Literacy Competency Standards for Higher Education
The information cycle is the progression of media coverage of a newsworthy event. Understanding the information cycle can help you determine what kind of information you are likely to find about your topic. This video from UNLV's Lied Library shows how an event can unfold in the information cycle.