Something really scary that's silently happening is activists taking over well-known/"famous" publications and changing the narrative without changing the name:
We trust many of these news organizations because they've been around for years or decades or even centuries. And many times, we don't realize that their priorities have silently shifted.
- WaPo was bought by Bezos - Local news stations (Tribune) bought by Sinclair - WSJ was bought by Murdoch - Newsweek bought by IAC - GigaOM was sold off and has new writers - Gawker now potentially being owned by a guy with a grudge
What Peter Thiel did to Gawker is despicable and will no doubt become a pattern for aggrieved billionaires.
That Gawker is dead should be celebrated.
To call what they did journalism is an insult to journalism.
A perfectly orchestrated hostile take over.
I suspect these comments will descend into a pit of chaos within a few minutes as everyone talks past each other... but the principle of this disturbs me. Basically, a billionaire secretly funded a lawsuit against a media organisation he doesn't like, and now that's it has been successful, he wants to scoop up the remains of it and (presumably!) delete it. The free speech implications of that are a little unnerving.
Now, I know the immediate retort to that is "Gawker was garbage", and indeed there's a fair case to made that Gawker wouldn't have been sued if they hadn't opened themselves up to it by doing publishing Hulk Hogan's sex tape. But it isn't just Gawker - Mother Jones was sued by a billionaire for reporting true fact, simply because he didn't like the reporting. He didn't even need to win, he just needed to bankrupt them through legal costs, and he nearly succeeded:
(Thiel followed this same idea by narrowing the suit in such a way that Gawker's insurance would not be able to pay out)
Personally, I'm concerned that the individual factors of this case (i.e. Gawker being Gawker) will overshadow the principle at stake, which feels a lot more important than a gossip site.
Don't forget this when you're contacted to work at a Thiel portfolio company. I always say "No" and provide an explanation for why I would never work at a company affiliated with him. Between Gawker and Palantir, he is disgusting.
just because someone put in a bid, it doesn't mean that the owner of the assets have to sell to the highest bid. In this case, why does the owner have to sell to Thiel just because he has the highest bid?
The ultimate fuck you, above all fuck yous.
I have zero sympathy for Gawker but I must admit this is troubling. Poetic, but troubling.
burning cash to destroy parts of the internet you don't like seems bad. what's next?
Bad ass Move. Thug life !
Well, I was on his side until now.
I wonder if he's only buying them for shits and giggles, to shit on their corpse, so to speak
Thiel is a stain on SV.
He's a billionaire Trump supporter that knowingly bankrupted a press outlet by funding a known racist(Hulk Hogan, as was revealed in the very case he funded) because he didn't like what they reported about him. He obviously didn't mind what Hulk Hogan said about African Americans though! Google it lest you forget.
Not to mention he somehow has finagled his way into working as a CEO-by-proxy for Palantir and Facebook simultaneously. One is a defense-contract funded software thinktank, and another is the largest media organization on Earth.
I don't think his intentions are good at all.
But Thiel being homosexual means he's a member of a protected class. How can we judge him now?
Please weep for the privacy of a billionaire whose analytics firm is monitoring your lives for their gain. I'm sure he's losing sleep over his efforts that impacts our free agency; while being up ins the ass of others that cross him.
Won't someone think of these poor billionaires and the stress they put on themselves without anyone asking!
JFC. What a transparent blowhard. When does the right-wing authoritarian crowd accept that they're behaving like childish snowflakes as well?
"It's not freedom if a rich person can't get away with whatever they want!"
Welcome to the club, Pete. You didn't invent any net new human knowledge others couldn't with effectively unlimited $$ and no concern over where the next meal is coming from.
That Thiel was so convinced "Trump gets it right at the high-level" when it's obvious the guy just says what people want to hear is proof Thiel is an idiot who was simply born in the right time and place.