PeterThiel
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Gawker Media has been renamed 'Gizmodo Media Group'
It's been about a month since Gawker.com shut down, and now the last traces of the site's heritage have been effectively erased. Parent company Univision, which purchased Gawker Media's assets after it filed for bankruptcy (thanks to Hulk Hogan and retaliatory lawsuit aficionado Peter Thiel) just named Raju Narisetti as new CEO of Gizmodo Media Group. There's not a word to been seen here of Gawker's heritage, and with the flagship site on ice, there's nothing left for the Gawker brand.
Peter Thiel to speak at the Republican National Convention (updated)
Peter Thiel, the Silicon Valley investor and PayPal co-founder, is set to speak an the upcoming Republican National Convention. According to a list of speakers and guests obtained by The New York Times, Thiel is scheduled to appear on the fourth night of the GOP's event -- the same evening as Donald Trump is expected to accept the party's formal nomination. The two will be joined on stage that night, Thursday, July 21st, by Republican Committee Chairman Reince Priebus, Florida Governor Rick Scott, former NFL quarterback Tim Tebow and others. As always, the list is subject to change before the event.
Facebook's board of directors re-elects Peter Thiel
Peter Thiel, the early Facebook investor and board member who admitted last month to secretly financing multiple lawsuits against Gawker Media, will officially remain on Facebook's executive board, Mashable reports today. COO Sheryl Sandberg had previously stated that Thiel would keep his position because he "did what he did on his own, not as a Facebook board member," but Monday's annual shareholder's meeting was the last chance for the board to acknowledge that his actions run counter to Facebook's own mission statement. During the vote, the shareholders voted to keep all board members who are up for re-election, including Thiel. Mark Zuckerberg, who has the overriding vote as founder and majority stakeholder, approved the decision.
Gawker Media files for bankruptcy thanks to Hulk Hogan and Peter Thiel
A few weeks ago, it was revealed that Silicon Valley billionaire Peter Thiel, a co-founder of Paypal and current Facebook board member, was bankrolling Hulk Hogan's lawsuit against Gawker Media. (Got all that?) Despite the fact that Gawker has vowed to appeal the massive $140 million judgement against it, the company today has filed for Chapter 11 bankruptcy protection. The media company is now entertaining bids to buy the company, and Recode reports that publisher Ziff Davis has already put in a bid in the $100 million range.
Recommended Reading: The Golden State Warriors' tech training
Golden State Warriors use tech to their on-court advantage Terry Collins, CNET The Golden State Warriors set an NBA single-season record this year with 73 wins and are currently facing the Cleveland Cavaliers for the championship. Part of the reason for that success can likely be attributed the team's use of tech to track player performance and physical activity. CNET has the story on all the gadgetry and how the Warriors are using it to ensure they continue their winning ways.
Peter Thiel is staying on Facebook's board of directors
Ever since news emerged that billionaire Peter Thiel is funding multiple lawsuits against Gawker Media, some have said he should step down from his position on the board of directors at Facebook. A now-public war against the media outlet that he called a "bully" certainly complicates things for the company, which works with Gawker on initiatives like Instant Articles and Facebook Live streams. COO and fellow board member Sheryl Sandberg faced questions about that relationship earlier during an interview at the Code Conference (which you can watch below, embedded from Facebook), and confirmed that Thiel will remain on the company's board.
Peter Thiel is the one behind Hulk Hogan's Gawker lawsuit
Confirming rumors that had grown over the past few days, Paypal cofounder Peter Thiel admitted to the New York Times that he is financing Hulk Hogan's lawsuit against Gawker Media. Its Gawker blog published an article in 2007 titled "Peter Thiel is totally gay, people" (before later publicizing the sexuality of Apple CEO Tim Cook, and a Conde Nast exec) which kicked off this whole revenge-by-proxy legal saga. Hogan's involvement comes after the site posted a video of the wrestler (real name: Terry Bollea) having sex with the wife of a friend, clipped from a tape with other interesting details. He sued the site and won a $140 million award, which Gawker is appealing.
