Topics

Pierre Omidyar

Now Gawker has its own billionaire backer... kind of

Now Gawker has its own billionaire backer... kind of

The courtroom fight between former pro wrestler Hulk Hogan and news-and-gossip site Gawker is becoming a battleground of sorts for Silicon Valley tycoons as well.

First Look Media, a news organization financed by Pierre Omidyar, philanthropist and the co-founder of eBay, says it is reaching out to other media outlets to file supportive briefs about Gawker. The briefs could be used for the site's appeal of a $140 million invasion-of-privacy verdict Hogan won two months ago because Gawker posted a sex tape of him.

On Wednesday, Silicon Valley billionaire Peter Thiel revealed that he has been secretly bankrolling Hogan's case against Gawker. There's no indication that Omidyar...

62°