Tech Billionaire Peter Thiel Secretly Bankrolled Hulk Hogan's Lawsuit Against Gawker: Reports (gawker.com)
If you're a powerful Silicon Valley billionaire, and there's a media house which actively points out flaws in your investments, can you do something about it? If you're Peter Thiel, you certainly can. The New York Times and Forbes magazine have independently reported that Thiel has been funding a steady stream of lawsuits -- including three different ones filed by Hulk Hogan -- to destroy Gawker Media. Gawker reports: Gawker and Valleywag, Gawker Media's defunct tech gossip vertical, have often written critically of Thiel, a self-identified libertarian (and, it turns out, a California delegate for Donald Trump) and his investments, covering the failure of his hedge fund Clarium Capital, his right-wing politics, and his personal life. In just the last month, Gawker Media's tech site Gizmodo published a series of stories on Facebook's use of "news curators" to manipulate the site's "trending" module, sparking a congressional investigation into the social network's practices.Jay Rosen, media critic and a professor of journalism at New York University, said: Trying to kill a publication you don't like by funding lawsuits against them isn't very libertarian, is it?
So, what's the big issue? This guy saw an opportunity to attack an opponent albeit in the shadows.
"Attack the enemy where they are not" - Art of War
Harrison's Postulate - "For every action there is an equal and opposite criticism"
Jay Rosen, media critic and a professor of journalism at New York University, said: Trying to kill a publication you don't like by funding lawsuits against them isn't very libertarian, is it?
Huh? It's not? Especially when they turn out to be valid lawsuits, it seems a very libertarian thing to do. If a company is wronging people in a way that lawsuits would succeed against them, but aren't normally pressed because those being wronged don't have the money for lawyers, sure, you can fund them.
Hell, I donate to a couple funds for doing just that.
I don't read AC A human right
Trying to kill a publication you don't like by funding lawsuits against them isn't very libertarian, is it?
Wow, what bias.
A jury sitting within, and a judge of, the United States legal system may bankrupt Gawker, not Thiel.
Who is being fucked over? He's helping people Gawker fucked over.
The comment about Thiel's actions not being very libertarian is trolling. Since when do the editors engage in rampant trolling in the summaries? This is obnoxious.
How the hell is that chilling for free press? A horrendous, shitty rag was doing blatantly illegal and unethical shit, and a rich guy made sure they can't just hide behind a wall of expensive lawyers by paying for expensive lawyers for the other side. Justice won, and the shitheads at Gawker will finally have to face some consequences. I hope the Conde Nast guy they outed sues them for everything that's left after Hogan, too.
Nobody said it's illegal. Not everything that's legal is right.
Why does he see government and the legal system as separate entities? How would a weak government enforce legal decisions?
It sounds very libertarian to me, at least he's not whining and bankrolling politicians to pass laws against his interests.
First amendment protections from private citizens? No. However, private citizens also don't have the right to shut others up simply because they don't like what the person/group is saying. In the US, people have is the ability to report the truth and not get sued for it being embarrassing to the parties involved. If what Gawker reported about Peter Thiel wasn't true, he could have sued them. Presumably, it was true (or Gawker used enough "allegedly" wording to protect their rears) so Thiel couldn't sue. So instead of fighting back against Gawker directly, he used his money to help others sue Gawker with the goal of shutting them up.
The problem here isn't that Gawker is a journalistic saint, but that they are being bullied into submission because they committed the crime of Embarrassing A Rich Guy. As such Rich Guy will use his funds to keep them quiet. If this is allowed, how long until other news organizations - or even individual people - are sued into silence for reporting on things that Random Rich Guys find embarrassing?
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> So if he decides he doesn't like you, he can sue the crap out of you on multiple fronts, without his own name getting dragged into it? You're fine with trying to fight off all those lawsuits, where you'll go bankrupt even if you win?
How is that any different from the ACLU and similar orgs? Lots of people fund them and they go around looking to sue anyone who is doing things they don't agree with. Just to remember, this wasn't a frivolous lawsuit against Gawker--they won.
Everyone hates Gawker so nobody here will defend them, even though this is fucking chilling for a free press.
Something something ethics in journalism.
If there were anything close to "Close To Ethics In Journalism" this could never have happened. Gawker is little more than a giant trolling operation.
Is anyone else noticing how the headline has turned the conversation posts from what the actual news subject matter to what a provocative NY professor has said about the subject matter?
In debates about Christianity, there are two groups: those looking for answers, and those looking to just ask questions.