Information highway is the internet. The vast amount of information available to you in your home. The information highway makes cool things like the urban dictionary available to the average person.
Dude #1 "are you hooked up to the information highway"
Dude #2 "Yes, I have a dsl conection and it smokes"
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Using any electrical device (most often a laptop, but it could encompass cell phones, blackberry, etc.) to go online, while using the toilet.
Steph: "I thought guys only took magazines and newspapers into the john."
Tom: "Nope...I need to 'log-on' to the information hershey highway.