CNN is launching a new business website and expanding its technology coverage, part of a broader restructuring of the network’s digital operation after it missed financial targets last year, reports Gerry Smith of Bloomberg News.
Smith writes, “Starting this fall, CNN will group its business websites — CNN Money, CNN Tech and CNN Media — under the new brand CNN Business. The cable news network, now owned by phone giant AT&T Inc., will also hire about six journalists to cover technology from a new bureau in San Francisco, focusing on Silicon Valley giants like Apple, Facebook, Google, Netflix and Uber — and the impact they have on businesses and people.
“‘We want to be a site that explains how this change is affecting every person’s life and every single company around the world,’ said Jason Farkas, the veteran producer who will lead CNN Business.
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