Philanthropists provide $100 million to University of Southern California

From The Los Angeles Times: The University of Southern California in Los Angeles is receiving two donations totaling $100 million that will pay for a new institute for cancer research and a high-tech building for journalism studies. USC trustee and alumnus Ming Hsieh, whose Pasadena company, Cogent Inc., helped pioneer automated fingerprint identification, is giving $50 million. His donation will support nanomedical research to develop drugs and other therapies for cancer treatment. The other $50 million is from the Annenberg Foundation to USC's School for Communication & Journalism. It will pay for a new 90,000-square-foot building with studios and newsrooms for the digital age.