I think internet journalism has changed news completely, i find it hard to trust any form piece information i see on the web, unless it's from wikipedia which seems to have sensible people editing it or from scholarly articles found on the web.
However, journalists can now link pages together easily and review old material and reports. But so can readers, so gaps in journalists' stories can be quickly highlighted.
Most journalistic research is done on the Web. Interviews are conducted over e-mail and telephone interviews have become the norm. Many reporters never leave the office all day.
Virtually every newspaper, magazine, TV and radio station now has an online component, while Internet news aggregators serve up selections from all across the Web. Meanwhile, the rise of blogs and citizen journalism has created a world in which anyone can create their own journalism and get it heard by an audience of millions.
At the same time traditional news outlets are struggling. Perhaps as a result of the internet; audiences are shrinking and profits are drying up. Many are cutting their editorial staffs in response, or asking reporters to become "backpack journalists" who can do everything -- shoot video, take photographs, write stories, the works.