Sunday 19 March 2017

NDM: Trump ally Peter Thiel risks political backlash, says Gawker founder

Trump ally Peter Thiel risks political backlash, says Gawker founder

Peter Thiel ‘has become a national figure’ at risk of political backlash, says Nick Denton.
Link: https://www.theguardian.com/culture/2017/mar/12/nick-denton-peter-thiel-gawker-press-freedom

Summary:

Peter has faced much criticism as he was declared bankrupt after trying to fund a case against Hulk Hogan due to some leakage of content. He has been criticised with his links and aid he has been given from Trump who is a controversial figure in the media right now.  

Statistics:

  • Thiel alone possesses a comparable market cap to that of the New York Times, with a net worth estimated to be $2.7bn
  • while the New York Times’ current market capitalization is $2.35bn
  • Gawker’s legal costs were running at about $1m a month
Own view:

I believe that the internet has been used quit frequently to dig in to people's private lives and figure out what kind of person they are. People looking at Peter's back history etc, is all with the aid of the internet, and is been used as a core platform when stirring up this controversy.

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