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The cost of the lawsuit was partly funded by Peter Thiel, [72] whom Gawker had previously outed in 2007. [73] In January 2016, Gawker Media received its first outside investment by selling a minority stake to Columbus Nova Technology Partners. Denton stated that the deal was reached in part to bolster its financial position in response to the ...
The billionaire said he secretly financed Hulk Hogan's lawsuit against Gawker Media, in an effort to put the news website out of business. Peter Thiel on Gawker: 'If I didn't do something, nobody ...
Thiel said he was motivated to sue Gawker after they published a 2007 article publicly outing him, headlined "Peter Thiel is totally gay, people." Thiel stated that Gawker articles about others, including his friends, had "ruined people's lives for no reason," and said, "It's less about revenge and more about specific deterrence."
Billionaire Peter Thiel on Wednesday abandoned his effort to buy the irreverent news website Gawker.com, enabling the Silicon Valley venture capitalist to avoid a possible legal fight over his ...
Thiel had reportedly wanted to bring Gawker down for having published an article nine years earlier which outed him as gay. [ 6 ] [ 7 ] The film then covers an incident where casino mogul Sheldon Adelson bought the Las Vegas Review-Journal , while keeping his identity as the buyer a secret, even to the journalists employed by the company. [ 8 ]
Peter Thiel, the billionaire cofounder of PayPal, is one of tech's most public Conservatives. ... There was also his feud with Gawker, which some considered an attack on free speech. In 2007, the ...
[84] Thiel was reportedly motivated by anger over a 2007 Gawker article that had outed him as gay. [85] During the Hogan lawsuit trial Daulerio told the court that he would consider a celebrity sex tape non-newsworthy if the subject was under the age of four. [86] Daulerio later told the court he was being flippant in his statements. [87]
Pierre Omidyar is filing a "friend of the court" brief and is trying to rally other media organizations around Gawker's cause. Finally, a Silicon Valley billionaire is standing up to Peter Thiel ...