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Trump delegate and Paypal billionaire Peter Thiel bankrolled Hulk Hogan’s lawsuit against Gawker

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PayPal co-founder Peter Thiel has been paying for Terry Bollea — aka Hulk Hogan’s — legal battle against Gawker, Forbes reported on Tuesday evening.

A spokesperson for Thiel, who is currently a managing partner at the Founders Fund venture capital fund, did not comment on the report, which Forbes published citing sources who asked for anonymity. He was named a delegate for Republican presidential candidate Donald Trump earlier this month.

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Hogan was awarded $140 million in March after a jury in Florida determined that the news site violated his privacy by publishing footage of Hogan having sex with a friend’s wife. Gawker challenged the ruling last month, arguing that key evidence was withheld during the trial.

The report came one day after Gawker founder Nick Denton told the New York Times he “had a hunch” that a Silicon Valley executive could have been involved in the suit as a third party, because of his company’s reporting on the tech industry.

Denton later told Forbes that he had heard speculation that it could have been Thiel.

“We write stories about powerful people in New York, but there are plenty of outlets writing stories about powerful people in New York,” Denton said. “We write stories about powerful people in LA, but there are plenty of outlets writing stories about powerful people in LA. What’s unique about Gawker is that we’re an internet publication and the tech industry is of particular interest to us. There are powerful people in Silicon Valley and the power of Silicon Valley is a relatively new phenomenon.”

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Thiel has slammed both Gawker and its tech news companion site, Valleywag, since the former attempted to reveal his sexuality — Thiel is gay — without his consent in 2007. Two years later, he said the latter, which ceased operations last December, was “the Silicon Valley equivalent of Al Qaeda.”


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Never-before-seen tax docs show Trump’s businesses made themselves seem more profitable to lenders and less profitable to tax officials

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Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

For instance, Trump told the lender that he took in twice as much rent from one building as he reported to tax authorities during the same year, 2017. He also gave conflicting occupancy figures for one of his signature skyscrapers, located at 40 Wall Street.

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‘Make it a twofer’: Trump brutally mocked after claiming ‘rumor has it’ CNN’s president will resign ‘momentarily’

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President Donald Trump unleashed his second attack on the media over the course of less than 24 hours, this time attacking his top news target, CNN, as "a virtual fraud." The president also claimed "rumor has it" CNN's president, Jeff Zucker, "will be resigining momentarily?" (The typo is Mr. Trump's.)

Now that we have found out that @CNN is a virtual fraud, rumor has it that Jeff Zucker will be resigining momentarily?

— Donald J. Trump (@realDonaldTrump) October 15, 2019

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Trump and the end of the American myth of meritocracy

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The following is chock-a-block with spoilers for "Succession" Season 2, including the finale, so proceed with caution.For understandable reasons, the internet is all a-chatter about the final scenes of Season 2 of "Succession." On Sunday's finale, Kendall Roy (Jeremy Strong), who spent most of this season looking like a whipped puppy, finally stuck it to his old man, Logan Roy (Brian Cox), throwing the patriarch under the bus during a live press conference, during which Kendall was supposed to offer himself up as the fall guy for Waystar Royco's criminal behavior. It was a moment of Kendall showing spine and competence, and understandably, audiences cheered him on.
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