Newsweek is owned by two evangelical Christians, who are apparently too cowed to exercise editorial control.
You must be referring to this:
IBT Media says it has an ongoing "working relationship" with Olivet University which includes the school providing design assistance and computer resources, and IBT Media providing internships for students. It characterizes it as similar to the relationships Silicon Valley companies have with local universities.[11] However, publication Christianity Today alleges that IBT Media has a close relationship both with Olivet and with its founder, controversial[11][15] evangelical pastor David J. Jang. It claims that Jang is an investor in and has exercised control over IBT Media, that Davis was formerly director of journalism at Olivet, and that Uzac was its Treasurer, at least at one time.[11][16][17] Executives characterize the relationship as between the institutions and not the founders, and that it was purely operational.[10][11] - https://en.wikipedia.org/wiki/IBT_Media