Hulk Hogan's ongoing lawsuit against Gawker is starting to look a lot like a game of Rock'em Sock'em Robots with two tech billionaires at the controls. On Thursday, PayPal cofounder Peter Thiel admitted to secretly funding Hogan's lawsuit to the tune of $10 million. Reuters reports he's cheesed off about...
Oh, Michigan. via Automatic Repenting Machine. via My swag peaked in 1998. via Do not drop your butts. via Eating lunch with hipsters. via My local KFC. via Day 1 of my diet. via Bill Hogan or Hulk Cosby. via Who’s playing Jumanji? via Why do I feel this way? via Rock on, brother. via […]
From Peter Thiel's financing of the Hogan/Gawker lawsuit to the population boom of squid and octopuses, here are five things we learned in Tech & Science this week: Billionaire Silicon Valley investor Peter Thiel quietly funded Hulk Hogan's successful defamation case against Gawker. Show More Summary
Custom master Iron Pirate Garage has unveiled the Buell XB9 café racer, a road legal backstreet-brawling hulk of a motorcycle. The XB9 was also under-appreciated by enthusiasts at the time but, as we’re seeing now, the custom scene is starting to take notice of the bike’s chunky style and steady adaptability. Iron Pirate’s Buell XB9 […]
In a strike back at Silicon Valley billionaire Peter Thiel’s funding of Hulk Hogan’s lawsuit against Gawker, eBay’s billionaire founder Pierre Omidyar, through his news outfit First Look Media, is working to get written support for Gawker in its appeal of the $140 million Hogan verdict.
NEW YORK (AP) — The courtroom fight between former pro wrestler Hulk Hogan and news-and-gossip site Gawker is becoming a battleground of sorts for Silicon Valley tycoons as well. First Look Media, a news organization financed by Pierre Omidyar, philanthropist and the co-founder of eBay, says it is reaching out to other media outlets to […]
Billionaire media owner Pierre Omidyar is backing news and entertainment web site Gawker Media in its lawsuit against wrestler Hulk Hogan, adding a new twist to a case pitting technology money against press freedom. Omidyar, owner of The Intercept publisher First Look Media, is asking other media...
eBay founder Pierre Omidyar calls upon press outlets to file amicus briefs to support Gawker.
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Two Silicon Valley billionaires with a history of bad blood are squaring off over Gawker. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
Silicon Valley billionaire and eBay cofounder Pierre Omidyar is lining up support for Gawker's appeal to overturn the $140 million judgment in the Hulk Hogan lawsuit, reports the New York Post. While the report doesn't say if Omidyar...Show More Summary
The iPhone maker's brush with a bid for Time Warner suggests it's tempted by bad ideas, while Peter Thiel's backing of the Hulk Hogan suit against Gawker clouds his role as a Facebook director. Plus: Nixing a Lockheed-Boeing rocket contract in favor of SpaceX is a no-brainer.
When we heard this week that billionaire PayPal cofounder and early Facebook investor Peter Thiel, a Trump delegate, was the one who’s been bankrolling Hulk Hogan’s lawsuit against Gawker, here’s how we framed it: “Let’s get ready to rumble! In this corner, weighing in at 11.7 million unique monthly global readers and an annual revenue [...]
On Wednesday, a Florida judge denied Gawker’s motion for a new trial in its dispute with Hulk Hogan over a sex tape published on the site in 2012, saying the $140 million figure the company owes the former wrestler won’t be reduced. Hogan sued Gawker for publishing a sex tape of him against his will. Show More Summary
Billionaire admitted to funding lawsuit filed against media company by Hulk Hogan
A young Donald Trump supporter revealed how the Republican presidential candidate had tapped into voter anxieties about their own beliefs — and how they’re perceived in the social media age. The 22-year-old described himself to The Atlantic‘s Conor Friedersdorf as a white...
Summary: The story of Gawker versus Hulk Hogan — or, perhaps more accurately, Peter Thiel — has some asking whether press freedom in the United States is in peril if a scorned billionaire can help deliver a crippling blow to a media company. But since Mr. Thiel spoke to The New York Times on Wednesday about his reasons...
Yikes! Thanks to its expensive legal battle with Hulk Hogan -- one that's been revenge-financed by tech billionaire Peter Thiel to the tune of millions of dollars -- Gawker Media is exploring a possible sale of the company and has hired Mark Patricof of Houlihan Lokey to provide financial advice. Show More Summary
There has been much coverage of the revelation that Peter Thiel has funded Hulk Hogan’s lawsuit against Gawker behind the scenes, especially following the Silicon Valley figure’s acknowledgment that he views taking down the notoriously...Show More Summary