AnewZ Morning Brief - March 19th, 2025
Start your day informed with AnewZ Morning Brief: here are the top news stories for March 19th, covering the latest developments you need to know.
CNN to lay off hundreds as it shifts focus to digital growth, streamlines operations, and revamps programming amid industry-wide cost-cutting trends.
CNN, a division of Warner Bros. Discovery, is preparing to lay off hundreds of employees on Thursday as part of a strategic focus on expanding its global digital audience, according to CNBC sources.
The layoffs are part of broader plans to revamp CNN’s traditional TV programming and grow its digital subscription services. To cut costs and improve efficiency, some programs currently produced in New York and Washington may be relocated to Atlanta, where production is more cost-effective.
Similarly, NBC News, owned by Comcast, plans to reduce its workforce by fewer than 50 employees later this week and has previously announced intentions to separate its MSNBC and CNBC channels.
These changes are reflective of a wider industry trend, as media companies shift their focus to digital platforms in response to evolving consumer preferences.
Earlier in January, The Washington Post, owned by Amazon founder Jeff Bezos, announced it would reduce its workforce by around 4% to address financial difficulties. Similarly, the Associated Press revealed in November that it would cut approximately 8% of its staff as part of efforts to modernize its operations.
CNN CEO Mark Thompson has emphasized the importance of maintaining neutrality in reporting. He has advised on-air personalities to refrain from expressing personal outrage or making judgments about political figures, including President Donald Trump during his second term.
Trump, meanwhile, has threatened legal action against news organizations he perceives as biased against his administration.
Thompson’s approach signals a departure from CNN’s previous strategies and reflects its commitment to appealing to a broader and more diverse global audience.
As the media industry continues to evolve, CNN and NBC News are implementing these measures to strengthen their positions in an increasingly digital landscape.
The inside of a Herculaneum delicate & ancient scroll, unseen for nearly 2,000 years, has been revealed using Artificial Intelligence.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
President Donald Trump has vowed to respond to the European Union's counter-tariffs, escalating tensions over the U.S. steel and aluminum duties that have sparked a trade dispute between the two economic powers.
Russian President Vladimir Putin agreed on Tuesday to a proposal by U.S. President Donald Trump that Russia and Ukraine cease attacking each other's energy infrastructure for 30 days, the Kremlin said following a lengthy phone discussion between the leaders.
Russian President Vladimir Putin has given a U.S. hedge fund permission to buy securities in Russian companies from certain foreign stakeholders and authorised their future sale to two Russian funds, a presidential decree showed on Monday.
Uzbekistan has announced the sale of state shares in three major automotive companies as part of its ongoing privatization efforts.
The National Bank of Kazakhstan is launching the Gold Coin project, a digital version of an investment coin, beginning on March 17, 2025.
Apple’s iPhone, along with other foreign-branded smartphones, saw a sharp 21% decline in shipments in China this January. Economic shifts and rising competition from local brands are reshaping the market, putting pressure on international players like Apple.
Uludağ, one of Türkiye’s oldest and largest soft drink brands, will receive a €25 million loan from the European Bank for Reconstruction and Development (EBRD) to finance investments in production lines and renewable energy capacity.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment