What Lies Ahead for Gawker Now that a Tech Billionaire Is Bankrolling Lawsuits Against It?

If you thought the Gawker saga would slow down as we creep closer to Memorial Day weekend, you thought wrong. Following a dizzying 24 hours that ended with Silicon Valley billionaire Peter Thiel admitting outright that he's been bankrolling multiple lawsuits against the media company, the discussion now turns to Gawker CEO Nick Denton and his ability to withstand all of these costly lawsuits. Though Gawker was dealt another loss on Wednesday when a Florida judge upheld the jury's decision to award Hulk Hogan some $140 million over Gawker's publishing of a sex tape in 2012, the company plans to appeal. Despite Gawker's insistence that it will get the verdict overturned—the judge in the case is the most overturned judge in Pinellas County over the past four years—the company is still incurring a hefty legal price tag for a process that could take months. And for Thiel, who is going after Gawker over some not-so-nice stories written about him, bleeding the company dry could be just as important as Hogan's right to privacy. "Gawker could be in a very perilous financial situation," Ryan Skinner, a senior analyst at Forrester, told Adweek. "They need to explore different ways of trying to secure the business going forward." And that's exactly what Gawker has been doing. A pair of reports from the New York Post and Wall Street Journal set off alarms when the outlets revealed that Denton has been quietly soliciting bids for a potential sale of the company, in the event... Continue reading at 'AdWeek'

[ AdWeek | 2016-05-27 00:00:00 UTC ]
News tagged with: #people don #putting money #digital properties

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Hitting the Books: Meet Richard Akrwright, the world's first tech titan

You didn't actually believe all those founder's myths about tech billionaires like Bezos, Jobs and Musk pulling themselves up by their bootstraps from some suburban American garage, did you? In reality, our corporate kings have been running the same playbook since the 18th century when... Continue reading at Engadget

[ Engadget | 2023-09-10 14:30:56 UTC ]
More news stories like this | News stories tagged with: #company insists #independent contractors #endemic culture #automating cloth-making #founders aim #artificial intelligence


Judge Stays Escambia County Book Banning Lawsuit to Consider Dismissal

The order comes after lawyers for the school district filed a motion to dismiss the lawsuit on several grounds, including that a policy change that went into effect on July 1 effectively moots the litigation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-25 04:00:00 UTC ]
More news stories like this | News stories tagged with: #policy change


GPS Air seeks $1.8B in damages in defamation lawsuit vs. European publisher Elsevier

Charlotte-based air-purification company claims false results in study published in Elsevier-owned scientific journal. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2023-07-31 11:50:24 UTC ]
More news stories like this | News stories tagged with: #defamation lawsuit #study published #european publisher


The AirPods Pro drop back to an all-time low, plus the rest of this week's best tech deals

This week, the biggest event in tech took place in Seoul with Samsung's Unpacked showcase. Among other announcements, the company officially unveiled its latest foldable smartphone, the Galaxy Z Fold 5. It's not even available yet, but Amazon is offering a $200 gift card if you pre-order from... Continue reading at Engadget

[ Engadget | 2023-07-28 18:33:17 UTC ]
More news stories like this | News stories tagged with: #6ghz band #record low #buying advice #$100 savings #follow @engadgetdeals #kindle


Apple's 10.2-inch iPad drops back to $250, plus the rest of the week's best tech deals

This week's best tech deals include a couple of all-time lows on older but still worthwhile Apple gadgets, with the 9th-gen iPad on sale for $250 and the M1-powered MacBook Air available for $750. The Amazon Fire TV Stick 4K Max is a solid value for those in need of a cheap media streamer at... Continue reading at Engadget

[ Engadget | 2023-07-21 15:15:52 UTC ]
More news stories like this | News stories tagged with: #wireless earbuds #extra cost #$40 cheaper #$100 drop #follow @engadgetdeals #audiobook


Google has a new AI tool for journalism—but should we trust tech to meddle in newsrooms?

Historically, big tech’s attempts to shape how the media operates have often done more harm than good. Google has a new plan to help save journalism—or at least make it easier for journalists to work. The company has been pitching a generative AI-powered product, nicknamed Genesis, to major... Continue reading at Fast Company

[ Fast Company | 2023-07-21 11:48:19 UTC ]
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Lawsuit Challenges Montana's Sweeping New Ban on Drag Performances

In a July 7 filing, the plaintiffs, including a local bookseller, say that the new law is "motivated by anti-LGBTQ+ animus” and imposes an “unconstitutional content and viewpoint-based restriction” on free speech. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-10 04:00:00 UTC ]
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Authors file a lawsuit against OpenAI for unlawfully ‘ingesting’ their books

Mona Awad and Paul Tremblay allege that their books, which are copyrighted, were ‘used to train’ ChatGPT because the chatbot generated ‘very accurate summaries’ of the worksTwo authors have filed a lawsuit against OpenAI, the company behind the artificial intelligence tool ChatGPT, claiming that... Continue reading at The Guardian

[ The Guardian | 2023-07-05 14:33:31 UTC ]
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All the big tech layoffs of 2023

The tech industry is reeling from the combination of a rough economy, the COVID-19 pandemic and some obvious business missteps. And while that led to job cuts in 2022, the headcount reductions have unfortunately ramped up in 2023. It can be tough to keep track of these moves, so we’ve compiled... Continue reading at Engadget

[ Engadget | 2023-06-29 15:28:56 UTC ]
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Panel Mania: Anaïs Nin: A Sea of Lies by Léonie Bischoff

Léonie Bischoff's 'Anaïs Nin: A Sea of Lies' is an elegantly comprehensive, sometimes mystic, graphic biography of Nin. An 11-page excerpt. The book is out now from Fanatagraphics Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-21 04:00:00 UTC ]
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News publishing giant Gannett sues Google for monopolizing ad tech

Gannett, a news publisher accused of monopolistic behavior, is suing Google for monopolistic behavior. It’s the latest in a string of lawsuits against the search giant, and it repeats many of the arguments made by the Department of Justice in its second lawsuit against Google, filed earlier this... Continue reading at Engadget

[ Engadget | 2023-06-20 16:46:02 UTC ]
More news stories like this | News stories tagged with: #advertising business #anticompetitive behavior #news publisher #publishing giant


Amazon's Echo Dot is down to $28, plus the rest of this week's best tech deals

Summer can be a sleepy time for deals, but there was actually a fair amount of savings to be found on tech this week. Amazon's Prime Day is probably about a month away, but the company looked like they were getting a head start with discounts on Kindles, two Echospeakers, Fire TV devices and... Continue reading at Engadget

[ Engadget | 2023-06-16 16:33:11 UTC ]
More news stories like this | News stories tagged with: #$50 discount #$40 discount #$20 discount #usual $100 #follow @engadgetdeals #kindle


‘Black Mirror’ drops a new trailer ahead of June 15th premiere

The four-year wait is almost over. Netflix has set a June 15th premiere date for the sixth season of sci-fi anthology series Black Mirror. This latest season has been in the works for at least a year and creator Charlie Brooker has stated the new episodes would “keep things fresh” by tackling... Continue reading at Engadget

[ Engadget | 2023-05-31 16:30:54 UTC ]
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Librarians, Publishers, Bookstores Join Lawsuit Over Arkansas Library ‘Obscenity’ Law

Book business advocacy organizations, including the Association of American Publishers, will join a federal lawsuit over a law recently signed into effect by Arkansas governor Sarah Huckabee Sanders that exposes librarians in the state to criminal liability for making allegedly “obscene” books... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-26 04:00:00 UTC ]
More news stories like this | News stories tagged with: #american publishers #exposes librarians #federal lawsuit #criminal liability #book business


Woodward, S&S File New Motions to Dismiss Trump Lawsuit

As expected, lawyers for Simon & Schuster and bestselling author Bob Woodward have filed two new motions to dismiss an amended $50 million lawsuit filed by former president Donald Trump alleging that Woodward and S&S breached Trump’s copyright interests by publishing 'The Trump Tapes:... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-23 04:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #copyright interests #trump tapes #bestselling author


Why the world's largest publisher found a book-ban lawsuit in Florida 'irresistible'

PEN America and publisher Penguin Random House filed a federal suit against Escambia County School District over its removal of books from school libraries. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-05-18 17:34:04 UTC ]
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Amazon's Fire TV Stick 4K Max drops to $35, plus the rest of this week's best tech deals

The biggest news in tech this week came from Google's annual developer conference on Wednesday. They announced three new devices: The Pixel 7a smartphone, the Pixel Tablet and the Pixel Fold. Discounts on brand new products don't happen often, but both Amazon and Google were quick to bundle... Continue reading at Engadget

[ Engadget | 2023-05-12 15:15:04 UTC ]
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The second-gen Apple Pencil drops to $89, plus the rest of the week's best tech deals

It's Friday, which means it's time for another roundup of good deals on recommended tech. Among this week's highlights, the second-gen Apple Pencil is back down to an all-time low of $89, while the latest Echo Dot is within $5 of the best price we've tracked at $30. If you need to upgrade the... Continue reading at Engadget

[ Engadget | 2023-05-05 16:30:08 UTC ]
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Woodward, S&S Will Move to Dismiss Amended Lawsuit Over 'Trump Tapes' Audiobook

While a new briefing schedule has yet to be set, lawyers for Woodward and S&S insist that the Trump interviews as issue were given in his capacity as president, thus barring Trump from owning a copyright interest in them. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-03 04:00:00 UTC ]
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iRobot's Roomba 694 drops back to $180, plus the rest of the week's best tech deals

Two factors had an effect on the deals we saw this week: spring sales and early Mother's Day promotions. Even if you don't need a gift for a mom or it's still cold (or weirdly summery hot) where you are, you can snag a decent price on some of our recommended tech. Like our top budget robot... Continue reading at Engadget

[ Engadget | 2023-04-28 18:00:16 UTC ]
More news stories like this | News stories tagged with: #wireless headset #holding firm #buying advice #$40 savings #follow @engadgetdeals #ebooks #kindle