Technology: CNN is prepping an online news aggregator to counter tech giants - Maif, with the aggregator Nestor, competes with the banks - PressFrom - US
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Technology CNN is prepping an online news aggregator to counter tech giants

20:00  23 october  2019
20:00  23 october  2019 Source:   engadget.com

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CNN is eager to counter the dominance of tech companies like Apple and Facebook in news aggegators. The network 's Andrew Morse told The Information in an interview that CNN is developing its own aggregator , codenamed "NewsCo," that would likely offer a mix of free (but ad-supported)

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CNN is eager to counter the dominance of tech companies like Apple and Facebook in news aggegators. The network's Andrew Morse told The Information in an interview that CNN is developing its own aggregator, codenamed "NewsCo," that would likely offer a mix of free (but ad-supported) and subscription news from a variety of sources. It might also include its own original content and could draw from older CNN material to supply context, the company's Nitya Chambers added.

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Other possible stand-out features could include fostering communities for events and issues as as know-how from local affiliates and news outlets. It's not certain when the service might launch.

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Washington ( CNN Business) More than half of the country's state attorneys general are readying an "Continuing down this road will kill online publishing, or Google will control who stays and who goes." Senator Mike Lee, a Republican, said in a statement that tech giants can often use those

View the latest technology headlines, gadget and smartphone trends, and insights from tech industry leaders. indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN .

Morse wasn't shy about the reasoning: this is about preventing the tech world from having too much clout in news. He also argued that CNN had an inherent edge as a news organization. This is the company's focus, not electronics or social networking.

Whether or not this works is another matter. Apple, Facebook and now Amazon have inherent advantages. Apple and Amazon can bundle and promote their apps with their hardware while CNN has to ask people to download an app. And when many people already use Facebook for daily updates even before the News Tab arrives, it may be difficult to tear them away. Moreover, CNN might not be alone when WSJ owner News Corp is developing its own service. The broadcaster is entering an increasingly crowded field with participants from both tech and traditional news, and it's not guaranteed that CNN's offering will rise above the rest.

The Information

Amazon's next-day shipping ambitions are costing it a fortune .
The latest quarterly earnings badly miss Wall Street's expectations, causing the stock to plummet.The world's largest e-commerce company on Thursday posted third-quarter earnings of $2.1 billion, or $4.23 a share, far below Wall Street estimates of $4.62 a share. Sales of $70 billion, up 24% from last year, beat Yahoo Finance estimates of $68.8 billion.

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