CBS News announced plans to launch 24-hour, multi-platform digital news network, bypassing cable television in favor of broadband distribution. The company said its strategy is to move from a primarily television and radio news-based operation to a 24-hour, on-demand news service, available across many platforms. The new CBSNews.com will feature an on-page video player showcasing the free broadband video, including over 25,000 clips -- and video yet to be broadcast on the network. CBS said its projections indicate that homes connected to broadband will equal or surpass homes serviced by cable and satellite by 2010. "This major expansion of CBSNews.com is designed to capture an audience that is increasingly looking for news and information at all times of the day, not just during scheduled periods, and using the Internet for that purpose," said Larry Kramer, President, CBS Digital Media. The new CBSNews.com site will also feature the debut of "Public Eye," a blog aimed at creating a candid and robust dialogue between CBS News journalists and the public.
There is a pivotal shift within the global smartphone market. Recent data from IDC highlights a more cautious outlook for 2025, with projected worldwide smartphone shipments seeing a significantly reduced growth rate. This revised forecast underscores the intricate interplay of global economic factors and geopolitical dynamics on pervasive personal communication devices. IDC's latest update projects a mere 0.6 percent growth in worldwide smartphone shipments for 2025, a stark reduction from the earlier 2.3 percent expectation. Global Smartphone Market Development This recalibration is largely attributed to prevailing economic uncertainties, including inflationary pressures and rising unemployment, alongside the persistent specter of tariff volatility. Despite these global tensions, it's interesting to note that the United States and China are still identified as the primary drivers of this modest growth. China, a critical market, is forecast to achieve a 3 percent year-over-yea...