Craigslist Founder Craig Newmark Is Putting His Money Where His Mouth Is
*By Carlo Versano*
Craig Newmark, the founder of the ubiquitous listing site Craigslist, has a new role as patron of investigative journalism and has donated $40 million of his personal fortune to the cause. Now, he's making a plea to news outlets.
"Make me give more," he said Friday in an interview on Cheddar.
Newmark's latest [donation](https://www.motherjones.com/media/2018/08/craigslist-founder-craig-newmark-makes-1-million-gift-to-mother-jones/) of $1 million to the magazine Mother Jones came from the founder's desire to "stand up and do what I can to help protect the country," he said.
The spread of misinformation and conspiracy theories and a pressing need for better cybersecurity led Newmark to embark on a philanthropic tour, giving money to schools (CUNY's School of Journalism, Harvard's Kennedy School), publications (Columbia Journalism Review, Mother Jones) and platforms (Firefox, DonorsChoose.org) that he said work to promote responsible journalism, fact-checking, and STEM education.
"We're in a long-term war against some really, really bad people," he said.
Newmark said the U.S. is under attack from enemies both foreign and domestic that are using "hybrid warfare" to sow division in the population.
Safeguarding Americans against these forces should be the job of the government, he said.
"Where the government isn't going to do the job, other people can."
Ironically, Craigslist, which Newmark founded in 1995, is widely thought to be among the reasons the news industry is facing such dire financial straits. The free listing site lifted the concept of a newspaper classified and made it seem anachronistic in the digital age. The news media, for its part, was wholly unprepared for the shift.
But his philanthropic efforts have nothing to do with that, Newmark said.
"This is a matter of defending the country."
For full interview [click here](https://cheddar.com/videos/craigslist-founder-on-protecting-the-press-this-is-my-war).
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!