CNN, also known as Cable News Network, is a multinational 24-hour cable news channel that provides continuous coverage of news events from around the world. It was founded in 1980 and is headquartered in Atlanta, Georgia.
According to reports, CNN has announced plans to lay off 100 employees as part of a plan to merge news operations and enhance the digital business.
The report further mentions that CNN will invest in video operations and launch pay-per-view news products by introducing a standalone subscription product for CNN.com by the end of this year, with a focus on lifestyle and feature content.
