The digital media world was abuzz last week when news surfaced that billionaire Peter Thiel had provided financial backing for a defamation lawsuit against Gawker Media. The suit stemmed from Gawker's publication of a sex tape involving ex-WWE superstar Terry Bollea, better known as "Hulk Hogan." A Florida jury awarded Bollea $140 million in March. Thiel, a Facebook board member and longtime financial supporter of the Committee to Protect Journalists, confirmed that he backed the Hogan case in part due to his concerns about Gawker's tactics.from TechNewsWorld http://ift.tt/1TWbVf1
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