Business Peter Thiel

  • Mark Zuckerberg, CEO of Facebook

    Peter Thiel, PayPal's co-founder and an early investor in Facebook, once gave Mark Zuckerberg a timeless piece of advice.

  • Donald Trump

    One venture capital firm said it would fund visas for immigrant founders in explicit opposition to Donald Trump.

  • NEW YORK— Founded in 2003 as a gossipy blog about Manhattan's media elite, Gawker pioneered the irreverent, snarky tone that has become ubiquitous online. From revealing Tom Cruise's Scientology recruitment video to publishing the Hulk Hogan sex tape that ultimately lead to the site's demise, Gawker posts sought to be an antidote to celebrity puff pieces and...

  • It was later revealed Hogan's lawsuit was backed by Silicon Valley investor Peter Thiel. Excerpts of the memo, which was sent to The Associated Press, are below. Even if the appeals court overturns this spring's Florida jury verdict, Peter Thiel has already achieved many of his objectives.

  • Nick Denton, founder of Gawker Media

    The company says near-term plans for what to do with Gawker.com's coverage and archives have not been finalized.

  • Aug 18- U.S. internet publisher Gawker Media Group Inc said on Thursday that it would shut down its news and gossip website Gawker.com next week after Univision Holdings Inc successfully bid for the internet publisher's six other websites. The decision to end Gawker.com' s 14- year run comes two days after Univision won a bankruptcy auction to acquire Gawker...

  • Aug 18- U.S. internet publisher Gawker Media Group said on Thursday that it would shut down Gawker.com next week, ending the online news and gossip website's 14- year run. The decision comes two days after Univision Holdings Inc won a bankruptcy auction to acquire Gawker for $135 million, outbidding media company Ziff Davis LLC. Gawker sought bankruptcy in June...

  • NEW YORK— Gawker.com, the brash New York website that broke new ground with its gossipy, no-holds-barred coverage of media, culture and politics, is shutting down after nearly 14 years, brought low by an unhappy, but deep-pocketed, subject. Gawker had published a video of Hogan having sex with a friend's wife; a Florida jury awarded Hogan $140 million in damages.

  • NEW YORK, Aug 16- Univision Holdings Inc won a bankruptcy auction on Tuesday to acquire U.S. internet publisher Gawker Media LLC for $135 million, outbidding media company Ziff Davis LLC, which had made an initial offer of $90 million. Gawker founder Nick Denton said in a prepared statement that the company "could not have picked an acquirer more devoted to vibrant...

  • NEW YORK— Spanish-language broadcaster Univision won an auction Tuesday for Gawker Media, which was put on the block in the aftermath of a $140 million judgment against it in the Hulk Hogan invasion-of-privacy case. In April, it said it was taking full control of Fusion, a TV channel and website aimed at English-speaking young people it had launched with ABC in...

  • Nick Denton, founder and CEO of Gawker Media.

    The TV network and digital publisher has agreed to pay $135 million for the bankrupt blog network, Recode reports.

  • NEW YORK, Aug 16- Univision Holdings Inc has offered to acquire Gawker Media LLC, challenging a $90 million stalking horse bid from media company Ziff Davis LLC in the auction for the U.S. internet publisher, people familiar with the matter said. Univision's bid for Gawker illustrates how the U.S. The New York- based publisher sought bankruptcy after facing a $140...

  • Recode's Lee: Why does Thiel get to decide what is journalism?

    Edmund Lee, Recode Managing Editor, and Kate Mitchell, Scale Venture Co-Founder and Partner, discuss Peter Thiel's opinion piece in the New York Times about Gawker.

  • Gawker logo

    Univision has offered to acquire Gawker Media, challenging a $90 million stalking horse bid from media company Ziff Davis in the auction.

  • NEW YORK, Aug 16- Univision Holdings Inc has offered to acquire Gawker Media LLC, challenging a $90 million stalking horse bid from media company Ziff Davis LLC in the auction for the U.S. internet publisher, people familiar with the matter said. Univision's bid for Gawker illustrates how the U.S. The New York- based publisher sought bankruptcy after facing a $140...

  • Peter Thiel, co-founder of PayPal, delivers a speech during the evening session on the fourth day of the Republican National Convention on July 21, 2016 at the Quicken Loans Arena in Cleveland, Ohio.

    Peter Thiel published an op-ed in the New York Times to muster votes for the Intimate Privacy Protection Act, Recode reports.

  • The Teal drone can reach speeds of 85 mph

    Only 18, George Matus is CEO of his own drone company, Teal, which sells the world's fastest consumer drone.

  • Supporters of republican presidential candidate Donald Trump take photos with phones at a rally at the Connecticut Convention Center on April 15, 2016 in Hartford, Connecticut.

    Donald Trump lives on Twitter and Facebook, but employees at the two companies are almost exclusively backing Hillary Clinton.

  • Berkshire Hathaway Chairman and CEO Warren Buffett applauds at a rally for Democratic presidential candidate Hillary Clinton at Omaha North High Magnet School in Omaha, Neb., Monday, Aug. 1, 2016.

    Yes, he's America's billionaire but Warren Buffett's endorsement may not actually be a good thing for Hillary Clinton, says Jake Novak.

  • Nick Denton of Gawker

    Gawker founder and CEO Nick Denton tells CNBC he's looking to get the best price possible for his company.