Founder of popular Craiglist Web site assisting with news venture: "engineer who created the popular Craigslist Web site, Craig Newmark, said the new media venture he has been working on could launch within three months.
Mr. Newmark, whose site gets more than a million classified ads and 1 million postings each month, told The Associated Press in May that he wants to develop a pool of 'talented amateurs' who could investigate scandals, cover politics and promote the most important and credible stories. The journalists' articles would be published on Internet sites ranging from Craigslist to individual Web logs, or blogs."
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