"CNN is widely credited with initiating the acceleration of the modern news cycle with the fall 2006 debut of its spin-off channel CNN:24, which provides a breaking news story, an update on that story, and a news recap all within 24 seconds. In addition to creating its groundbreaking format, CNN:24 broke many important stories with reports such as 'Ford No Money Everyone Fired,' 'Iraq Bomb Kill Truck,' 'Country Hates Bush,' 'Dow High Now,' and 'Squirrel Water Skis.'" - The Onion
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