CNN debuts iPhone app, hoping user participation and other features justify $1.99 price -- chicagotribune.com

NEW YORK (AP) — CNN is coming out with an iPhone application Tuesday that has a feature few other news apps have tried: a price tag.

There's been a lot of talk this year about finally charging readers for news, especially on mobile devices, where media executives see a chance to condition consumers to handing over a few dollars for a constant stream of updates to their pocket. CNN is among the first big news outlets to give it a shot. Its app costs $1.99 to download.