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May 26, 2016 03:23 am GMT

Thiel says he decided several years ago to try to cripple Gawker

Peter Thiel, head of Clarium Capital Management LLC and founding investor in PayPal Inc. and Facebook Inc., speaks during the LendIt USA 2016 conference in San Francisco, California, U.S., on Tuesday, April 12, 2016. Thiel discussed his outlook for the tech industry. Photographer: Noah Berger/Bloomberg via Getty ImagesEarlier today, we speculated that billionaire Peter Thiel may havesecretly financed a lawsuit to put Gawker Media out of business owing to a series of antagonistic stories about him written by Gawker’s now defunct Valleywag site nearly a decade ago. Thiel has since talked with New York Times columnist Andrew Ross Sorkin and confirmed that not only has he providedHulk Hogan (legally… Read More

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