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?

Comments

Re:The enemy of my enemy is my friend

[DNS-and-BIND]

Well, this relies on the Press being free enough to criticize the government, and be clever enough to realize when they government is lying to them and investigate to reveal the truth. Suing the media for lying isn't nearly the same level of problem, particularly when the media is 100% in the wrong as in the Hulk Hogan case.

Rhodesâ(TM)s war room did its work on Capitol Hill and with reporters. In the spring of last year, legions of arms-control experts began popping up at think tanks and on social media, and then became key sources for hundreds of often-clueless reporters. âoeWe created an echo chamber,â he admitted, when I asked him to explain the onslaught of freshly minted experts cheerleading for the deal. âoeThey were saying things that validated what we had given them to say.â

When I suggested that all this dark metafictional play seemed a bit removed from rational debate over Americaâ(TM)s future role in the world, Rhodes nodded. âoeIn the absence of rational discourse, we are going to discourse the [expletive] out of this,â he said. âoeWe had test drives to know who was going to be able to carry our message effectively, and how to use outside groups like Ploughshares, the Iran Project and whomever else. So we knew the tactics that worked.â He is proud of the way he sold the Iran deal. âoeWe drove them crazy,â he said of the dealâ(TM)s opponents.

The Presidency played the Press like a fiddle and they fell for it hook, line and sinker. They lied, lied, and lied some more and no reporter bothered to investigate. THAT is more destructive to democracy than a lawsuit against clear Press misconduct.