Google Grants $2.7 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. 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 .