The ruling is still being appealed, but if it's upheld it could
put Gawker Media — which publishes sites like Jezebel and Gizmodo in addition to Gawker itself — out of business.
While his Founders Fund concerns itself with challenges of that magnitude — life extension, space travel, clean energy — it turns out Thiel has been spending his personal money in pursuit of an earthier goal:
putting Gawker Media out of business.
Not exact matches
Recently, you had a $ 140 million judgment against
Gawker Media, declared bankruptcy and
put the media empire you founded up for sale.
Gawker put up the complete draft and Tarantino sued the site, also vowing not to make the movie.
Billionaire Silicon Valley investor Peter Thiel has acknowledged that he secretly financed Hulk Hogan's lawsuit against
Gawker Media in an effort to
put the news website out of business, according to The New York Times.
However, Denton said in a blog post that the prospect of having to spend significant amounts of money to appeal the decision was not a pleasant one, and that he chose to settle in order to
put the affair behind him and achieve some kind of closure for
Gawker staff.
A week after the fallout from a high - profile lawsuit forced
Gawker to declare bankruptcy and
put itself up for sale, the snarky news site could be staring at another legal battle.
Long before the Hogan trial took center stage,
Gawker Media invested millions (Denton won't say how much exactly) in building a commenting and reader - blogging system it called Kinja, which Denton described as nothing less than an attempt to turn the publishing world on its head — to
put readers on the same level with journalists and publishers.
Denton said that he estimates there's a roughly 1 - in - 10 chance that
Gawker will face «disaster» — meaning that they lose the trial, the jury awards Hogan a large amount in damages, and
Gawker is required to
put up a bond for the full amount while it appeals the ruling.
Gawker Media Group has
put itself up for sale (bids are due Monday afternoon) in part to satisfy the legal judgment of a unanimous jury that ruled against
Gawker and assessed damages of $ 140 million, proving that there are consequences for violating privacy.
Nick Denton and the journalists employed by
Gawker (whose interests he
put ahead of his own every single moment of this process) also won on Aug. 16.
The holdup artist was a large black man, his hostage a young white woman, and as an angry South Boston crowd moved in on him, he retreated to a bridge that
put him in plain view of scores of
gawkers.
Let me get a little
Gawker sarcasm going — you mean I can spend some time laying out the game plan for a book in an E-mail that's convenient to your E-mail missives although you may not have the chops or the focus or the genuine interest to
put together a book — without actually being your agent?
In January 2016, months before a wrestler's lawsuit led to Kotaku's former parent company
Gawker Media getting purchased by Univision, Columbus Nova
put a minority investment into
Gawker.
You're brave for
putting this up; I hope we can all stave off
Gawker media's insatiable censor - lust for another day.
Emily Warner, who is handling publicity for the sale, has
put in measures to thwart celebrity
gawkers.