What the 'Arab spring' has taught journalists about social media: has the balance now tipped in favour of social media and citizen journalists over traditional media outlets?

Will 2012 be the year when social media 'grows up'? Burt Herman of Nieman Lab predicts that journalism will become more decentralised, more collaborative with greater emphasis on real-time reporting.

Vladim Lavrusik of Nieman lab thinks journalism will be rebuilt 'Six million Dollar Man' Style - better, stronger, faster - through better content curation and amplification.

McKinsey predicts that analysing big data sets is the new frontier in journalism and many other industries due to the information explosion that will continue to grow exponentially.

How Facebook makes money from ads: the social network's revenue model explained in its own words.

For more industry news please see WAN - IFRA's Executive News Service.

Sources: Facebook, International Journalists Network, McKinsey, Nieman Lab (1), (2),