The Rise of Craigslist and How It’s Killing Your Newspaper — A good read.

Craig is not content to merely eat away at the business model of newspapers by chewing up their classifieds, from back to front. He’s also begun issuing vague pronouncements about citizen journalism, the people—his people—taking the news into their own hands. “I’m working with some folks on technologies that promise to help people find the most trusted versions of the more important stories,” Craig said on his blog, further spooking the old-media types. Newmark has invested in a Website headed by Jeff Jarvis, a longtime journalist and blogger—“to organize the world’s news using the best of technology, community, and editors,” he wrote on his blog. Jarvis says the site will be up in the spring and aims to help newspapers redefine themselves at a time when the journalism world is shattering.