Billionaire Peter Thiel funded Hulk Hogan lawsuit to take down Gawker [Updated]

May 26, 2016 7:12 PM

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Billionaire Peter Thiel funded Hulk Hogan lawsuit to take down Gawker [Updated]

"It’s less about revenge and more about specific deterrence," Thiel says.

UPDATE: Gawker responded Thursday afternoon, saying Silicon Valley needs a watchdog, and Gawker Media was the right outlet for the job.

Also read: Tribune reporter gets last question at Obama’s last news conference

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