Search and online advertising juggernaut Google announced a couple of months ago that it would be providing some $5 million in grants to non-profit organizations devoted to innovating journalism. Around 40% of the total fund was recently allocated to the Knight Foundation in the United States. It appears more than 50% of the fund has just been awarded to the International Press Institute, based in Vienna, which will be used to sponsor the IPI News Innovation Contest.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/T12F9bwoIYg/
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