Gawker

Gawker is settling its case with Hulk Hogan for $31 million in cash plus a percentage of some of the company’s proceeds. "After four years of litigation funded by a billionaire with a grudge going back even further, a settlement has been reached. The saga is over," founder Nick...

The 14-year-old digital gossip news publisher, Gawker Media, announced today on Twitter (NYSE: TWTR) and Gawker.com that it plans to sell assets to Spanish-language broadcaster, Univision, for $135 million. The deal is a result of a court-administered bankruptcy auction. Univision will acquire...

Now that Donald Trump has essentially locked up the Republican presidential nomination, he is beginning the process of raising the obscene amount of money that it takes to run a general election campaign. One of the people who will be helping Trump in this fundraising effort is hedge fund manager...

Billionaire investor Peter Thiel was on a mission to destroy Gawker Media. On Friday, he may have scored a victory. Thiel secretly financed Hulk Hogan's lawsuit against the media company, which he won and was awarded a $140 million judgement. However, Gawker Media announced on Friday it has...

Back in 2007, Gawker posted an article titled “Peter Thiel is totally gay, people.” Author Owen Thomas, also gay, described Thiel as the smartest venture capitalist in the world and explained why his sexual preference was even remotely important: "Like the immigrant Jews who...

The rapid decline of the newspaper business over the past couple of decades was a major hit to the media world, but there are new and powerful forms of media that have gained an immense amount of traction on the digital frontier. Websites like Buzzfeed and Gawker are embracing wit, snark and...

At this year's IGNITION Conference in New York City, Gawker's Nick Denton said that “Most big organizations are too sluggish to copy us quickly enough.” However, he notes that Business Insider is pretty fast about it. Denton said that Gawker has done well – and garnered two million unique visitors...

During an interview at the 2010 IGNITION Conference in New York City, Gawker's Nick Denton said that while he was not unhappy with Murdoch's paywalls, he was not going to do it himself. “Our place is to be naughty, controversial, free, available through Facebook,” he said. “Some organizations have...