Craigslist Founder Gives $20 Million to CUNY Journalism School
Craig Newmark, the Craigslist entrepreneur who arguably forced the newspaper industry to change its business model after his website put a dent in the lucrative classified ads business, is giving $20 million to the CUNY Graduate School of Journalism. “In this time, when trustworthy news is under attack, somebody has to stand up,” Mr. Newmark said. “And the way you stand up these days is by putting your money where your mouth is, and that’s what I’ve done.”
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