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Facebook is teaming up with several along with several journalism foundations and internet tech companies in an effort to improve online news literacy and increase trust in journalism. The News Integrity Initiative, a $14 million investment run by the CUNY's Tow-Knight Center for Entrepreneurial Journalism, will fund research and projects and convene meetings with industry experts. Besides Facebook, other funders include Mozilla, AppNexus, Betaworks, the Craig Newmark Philanthropic Fund, the Ford Foundation, the Democracy Fund, the John S. and James L. Knight Foundation and the Tow Foundation.

Why it matters: Since its fake news saga during the election, Facebook has taken numerous steps to prove it's serious about promoting good journalism. In taking these steps, Zuckerberg is positioning his tech company to become a global social infrastructure organization, a vision he laid out in a sweeping manifesto last month.

What's next: The Initiative has already signed on 19 contributing groups, ranging from PR firms Edelman and Weber Shandwick to schools like Arizona State University, that will host events around the world to promote news literacy. The initiative also aims to find additional funders and participants as it grows internationally.

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20 Republican former U.S. attorneys endorse Biden, call Trump "a threat to the rule of law"

Photo: Mandel Ngan/AFP via Getty Images

Twenty Republican former U.S. Attorneys on Tuesday endorsed Joe Biden while saying that "President Trump's leadership is a threat to rule of law" in the U.S., the Washington Post reports.

What they're saying: In the letter, the former prosecutors criticize Trump's use of the Department of Justice, saying the president expects the DOJ to "to serve his personal and political interests."

  • "He has politicized the Justice Department, dictating its priorities along political lines and breaking down the barrier that prior administrations had maintained between political and prosecutorial decision-making," the letter says.
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Illustration: Sarah Grillo/Axios

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  2. Health: The coronavirus is starting to crush some hospitals — 13 states set single-day case records last week.
  3. Business: Winter coronavirus threat spurs new surge of startup activity.
  4. Media: Pandemic causes cable and satellite TV providers to lose the most subscribers ever.
  5. States: Nearly two dozen Minnesota COVID cases traced to 3 Trump campaign events.
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Ted Cruz defends GOP's expected return to prioritizing national debt

Sen. Ted Cruz (R-Texas) told "Axios on HBO" on Monday that he wishes reining in the national debt was a higher priority for President Trump.

Why it matters: Trump pledged during the 2016 campaign to reduce the national debt and eliminate it entirely within eight years, though he also deemed himself "the king of debt" and said there were some priorities that required spending. In the fiscal year that ended in September, the deficit reached a record $3.1 trillion.