The John S. and James L. Knight Foundation is spending $100 million on 130 projects dedicated to new media and the future of news.
“We funded Spot.us, a site run by David Cohn, one of the smartest 25-year-olds I've ever met. His project invites journalists to pitch their stories to the public. The public then pledges small amounts of money until there's enough contributed to do an investigation of, say, why local businesses are closing in a neighborhood in San Francisco.”
I’m not sure I’m ready for the new world. But at least someone is trying to shape it. Read more here.