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Georgetown University students voted to pay reparations in April 2019. Photo: Win McNamee/Getty Images

Universities across the country have publicly examined their ties to slavery and leading the charge to pay reparations — including renaming buildings, addressing controversial monuments and issuing public apologies, AP reports.

Why it matters: The U.S. has discussed reparations for decades, but the conversation has been reinvigorated in recent years as some Democratic presidential candidates bring the issue to the mainstream, AP writes.

The state of play: Georgetown University and two theological seminaries announced they are paying reparations to the descendants of slaves who were sold or forced to work by the institutions, AP notes.

  • The University of Virginia and at least 56 other universities have pledged to research and share their schools' histories and experiences with slavery.
  • At some schools, the discussion of reparations is brought up by academic professors or graduate students, such as at the University of Alabama and the University of Chicago, per AP.
  • Yale University has erased the names of slavery supporters from its buildings, while other schools like brown University are erecting new statues to commemorate the sacrifice of slaves.

The bottom line: While the process to approve reparations in Congress will be long-winded, individual universities have opted to take the matter in their own hands.

Go deeper:

Go deeper

Exclusive: Billionaires back new media firm to combat disinformation

Illustration: Aïda Amer/Axios

A new public benefit corporation backed by billionaires Reid Hoffman, George Soros, and others is launching Tuesday to fund new media companies and efforts that tackle disinformation.

Why it matters: Good Information Inc. aims to fund and scale businesses that cut through echo chambers with fact-based information. As part of its mission, it plans to invest in local news companies.

Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Scoop: Sequoia Capital just blew up the VC fund model

Illustration: Aïda Amer/Axios

Sequoia Capital, one of the world's oldest and most successful venture capital firms, is forming a single fund to hold all of its U.S. and European investments, including stakes in publicly-traded companies, Axios has learned.

Why it matters: Venture capital is the money of innovation, but the industry itself rarely innovates. This is a radical exception.

Exclusive: Company says it will put Trump back online

Photo Illustration: Rafael Henrique/SOPA Images/LightRocket via Getty Images.

RightForge, an internet infrastructure company that courts conservatives, will host former President Trump's new social media platform, CEO Martín Avila told Axios on Monday.

Why it matters: By relying on a web hosting service that won't cut ties over controversial comments, Trump's new platform could avoid the problems conservative network Parler faced when Amazon pulled its web services following the Capitol insurrection.