Google grants 27 million to IPI to promote innovation in online journalism

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.

Source:
http://eu.techcrunch.com/2011/02/23/google-grants-2-7-million-to-ipi-to-promote-innovation-in-online-journalism/