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:I'm not sure this is illegal.

[Iamthecheese]

Maybe not but Gawker is a giant pile of shit that needs to be shoveled into a sewer pronto. Peter Thiel is my new hero.