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Craigslist founder backs online news site

The founder of Craigslist, San Francisco resident Craig Newmark (left), is backing an online news venture to be called Daylife that is being set up by media writer Jeff Jarvis (right), according to TechWeb Technology News. The Web site will have a staff that gathers, analyzes and organizes the world’s news and it will also seek news from its readers through what they’re calling “open source journalism.” Daylife will also show whether Newmark is a one-trick pony or a visionary who can develop successful sites besides Craigslist.

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