Craig Newmark, founder of the free classifieds site Craigslist, is to launch a major online journalism project within three months that will copy his wisdom of the masses approach to...

Craig Newmark, founder of the free classifieds site Craigslist, is to launch a major online journalism project within three months that will copy his "wisdom of the masses" approach to advertising and apply it to journalism, the Guardian reports. He told the paper:

"Things do need to change. The big issue in the US is that newspapers are afraid to talk truth to power. The White House press corps don't speak the truth to power – they are frightened to lose access they don't have anyway."

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