What is CoinDesk & how does it work?

Could you elaborate on CoinDesk, its role in the cryptocurrency space, and how it functions as a resource? I'm particularly interested in understanding how CoinDesk gathers its information, who its target audience is, and how it has evolved over time. As a professional practitioner in the field of cryptocurrency and finance, I find it important to stay updated with reliable news sources. CoinDesk seems to be a popular choice, but I'd like to know more about its credibility, coverage, and how it contributes to the overall understanding of the industry.