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Photo: Eugene Gologursky/Getty Images for Iraq and Afghanistan Veterans of America

Craigslist founder Craig Newmark is investing $15 million into two separate efforts to boost efforts to strengthen journalism ethics for the digital age.

Why it matters: The media industry, once reliant on mostly advertising, has struggled to find a sustainable business model during the Internet age. Publishers have had to embrace new business models like events, sponsorships, and social publishing, but some of those efforts are harder to approach with full editorial independence.

By the numbers

$10 million will go towards launching the Craig Newmark Center for Journalism Ethics and Security and the Craig Newmark Professorship of Journalism at The Columbia Journalism School.

  • The Center will aim to advance and modernize journalistic ethics to account for modern realities of internet publishing, like the rise of propaganda and disinformation, per Steve Coll, dean of Columbia's Graduate School of Journalism.

$5 million will go towards creating the Craig Newmark Center for Ethics and Leadership at The Poynter Institute. This program will provide working journalists and industry leaders with relevant training and continued education.

  • The Center at Poynter will aim to strengthen ethical systems in newsrooms, says Kelly McBride, a media ethicist and Poynter's Vice President for Academic Programs.

The big picture: Newmark has already donated millions to causes to support journalism. He gave $20 million to the CUNY Journalism School last year and $20 million to fund The Markup, a non-profit investigative news startup.

"Right now, when our institutions are in some peril, regular people need to stand up for the country. The bottom line is that people like me have to go put our money where our mouth is."
— Craig Newmark to Axios

Go deeper

6 hours ago - World

Maximum pressure campaign escalates with Fakhrizadeh killing

Photo: Fars News Agency via AP

The assassination of Mohsen Fakhrizadeh, the architect of Iran’s military nuclear program, is a new height in the maximum pressure campaign led by the Trump administration and the Netanyahu government against Iran.

Why it matters: It exceeds the capture of the Iranian nuclear archives by the Mossad, and the sabotage in the advanced centrifuge facility in Natanz.

Scoop: Biden weighs retired General Lloyd Austin for Pentagon chief

Lloyd Austin testifying before Congress in 2015. Photo: Chip Somodevilla/Getty Images

Joe Biden is considering retired four-star General Lloyd Austin as his nominee for defense secretary, adding him to a shortlist that includes Jeh Johnson, Tammy Duckworth and Michele Flournoy, two sources with direct knowledge of the decision-making tell Axios.

Why it matters: A nominee for Pentagon chief was noticeably absent when the president-elect rolled out his national security team Tuesday. Flournoy had been widely seen as the likely pick, but Axios is told other factors — race, experience, Biden's comfort level — have come into play.

Updated 8 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: Supreme Court backs religious groups on New York COVID restrictions.
  3. World: Thailand, Philippines sign deal with AstraZeneca for vaccine.
  4. Economy: Safety nets to disappear in December Black Friday shopping across the U.S., in photosAmazon hires 1,400 workers a day throughout pandemic.
  5. Education: National standardized tests delayed until 2022.