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).
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. A widely used customs exemption for international shipments worth $800 or less is set to end starting on Friday. Trump already ended the “de minimis” rule for inexpensive items sent from China and Hong Kong, but having to pay import taxes on small parcels from everywhere else likely will be a big change for some small businesses and online shoppers. Purchases that previously entered the U.S. without needing to clear customs will be subject to the origin country’s tariff rate, which can range from 10% to 50%.
Southwest Airlines will soon require plus-size travelers to pay for an extra seat in advance if they can't fit within the armrests of one seat. This change is part of several updates the airline is making. The new rule starts on Jan. 27, the same day Southwest begins assigning seats. Currently, plus-size passengers can pay for an extra seat in advance and later get a refund, or request a free extra seat at the airport. Under the new policy, refunds are still possible but not guaranteed. Southwest said in a statement it is updating policies to prepare for assigned seating next year.
Cracker Barrel is sticking with its new logo. For now. But the chain is also apologizing to fans who were angered when the change was announced last week.
Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT maker are teaming up to thwart competition in artificial intelligence.
Hear from Gabino & Stephen Roche on Saphyre’s institutional AI platform that centralizes pre‑ and post‑trade data, redefining settlement speed and accuracy.