IPA: /ˈnjuːzˌwaɪə/
KK: /ˈnjuːzˌwaɪər/
A service that sends news quickly to newspapers, television, and radio stations, usually through electronic means.
The company issued a press release through the newswire to inform the public about the new product.
Newswire → It is formed from "news" (from Middle English *newes*, meaning new information or reports) and "wire" (from Old English *wir*, meaning a thin, flexible strand of metal). The word "newswire" refers to a system or service that transmits new information or reports via a wire or electronic means.
Think of 'new information' ('news') being sent through a 'thin strand' ('wire') — that's how newswire delivers the latest updates.
No commonly confused words.