I question a lot more "24/7 news". At some point beyond "twice daily digests" it does seem like too much news. It certainly doesn't help that 24/7 news to keep "engagement numbers" such as viewer counts or retweet counts deeply blurs the lines between entertainment and unsubstantiated rumors with "news", but even if you could somehow crack down on "news-like entertainment" there's probably still way too much diminishing return on it all beyond once or twice a day.
I don't know how we solve that though and a lot of people would complain if you tried to ban cable news networks and news Twitter, but sometimes I do envy the people that lived in "at most twice a day" news cycles.
I don't do any social media. Well, okay...there is my occasional jaunt (like weeks or more between logins) into the fediverse via Mastodon. But it's not really "social" the way I use it.
And HN is about the only news I ever seek out. And even that is a low-priority task -- like right now I'm here for like 10-20mins because I have some time to kill before kicking off the release of a product update.
Perhaps it is my advancing age that makes me wonder how such an important function can be thought of in parallel with social media.
Aaron Swartz's blog post "I hate the news" ( http://www.aaronsw.com/weblog/hatethenews ) expanded on that pretty well. "... But if that’s true on a scale of minutes, why longer? Instead of watching hourly updates, why not read a daily paper? Instead of reading the back and forth of a daily, why not read a weekly review? Instead of a weekly review, why not read a monthly magazine? Instead of a monthly magazine, why not read an annual book?"
"This thing happened" is often not all that interesting or insightful.
Why and how "this thing" happened with all the appropriate context is much more interesting, but that kind of analysis often taken times, so ... the best news is at least a week old.
Lots of water under the bridge since Morrow.