Use good information aggregators.
If your job depends upon business intelligence, you might use Zenark's Electric Search. I watch news flow on my Mobile phone, using FreeNews.
Squash repetitive information flows.
Get one news magazine, one business magazine, one tech magazine. Or develop a clip list folder with colleagues who divide up the work and clip relevant material.
When Firefox started hanging when I opened more than 40 tabs and when I figured out I wasn't reading more than 140 web feeds every day, I culled the unread things.
Recognize the black holes.
That would be Second Life or Bebo for me.
Select balanced inputs.
To keep yourself interested in reading the stuff you gather, you should allow yourself a little right brain and a little left brain reading. It's okay to read about DIY when you're supposed to be staying abreast software development. And web designers should not feel guilty reading about gadgets.
Kathy Sierra -- "The Myth of Keeping Up"