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
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.
It sounds very libertarian to me, at least he's not whining and bankrolling politicians to pass laws against his interests.
> 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.