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  • Geebo 10:15 am on June 2, 2016 Permalink | Reply
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    Thiel to remain on Facebook board amid free speech concerns 

    Thiel to remain on Facebook board amid free speech concerns

    In a follow-up to yesterday’s post about Peter Thiel and the Gawker lawsuit, Facebook COO Sheryl Sandberg has said that Thiel can and will remain on the board of Facebook. Thiel has been a long time member of the Facebook board and there were some concerns about his standing after it was made public that Thiel was personally funding his alleged vendetta against Gawker. Not only is Gawker a media partner with Facebook but Facebook has had their own issues with supposedly manipulating featured news stories.

    At the Code Conference, held in Rancho Palos Verdes, California, Ms. Sandberg stated that since Mr. Thiel did not use Facebook resources in his fight with Gawker It’s not a Facebook issue, but isn’t it? What if Facebook all of a sudden decides that Gawker is no longer a featured media partner? How could that not be seen as anything but a conflict of interest? If anything it feels like Facebook is not only condoning what Thiel is doing to Gawker but protecting him as well.

     
  • Geebo 10:06 am on June 1, 2016 Permalink | Reply
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    Gawker needs to beat Hulk Hogan and Peter Thiel for all of journalism 

    Gawker needs to beat Hulk Hogan and Peter Thiel for all of journalism

    Everyone wants to root for the good guy. Even more, everyone wants to be the good guy.

    Take Terry Gene Bollea, more famously known as Hulk Hogan, for example. For the better part of his professional wrestling career Hulk Hogan played the good guy against the series of villains who always fell to the power of Hulkamania. Behind the scenes Hogan wasn’t all that much of a good guy. Due to his success he had massive political pull within the World wrestling Federation. He often used his clout to not only protect and promote his friends but he would often also refuse to work with up and coming stars who he felt threatened his position at the top of the company.  As most of you may know Gawker.com leaked a sex tape of Hogan and his best friend’s wife that was recorded without Hogan’s knowledge. A second leak of the tape showed Hogan talking to his bedmate about his daughter’s singing career and during that conversation Hogan let a few racial epithets fly. Because of the second leak Hogan lost a very lucrative ‘legends’ deal he had with World Wrestling Entertainment and has been persona non grata in the pro wrestling business. In interviews Hogan still tries to portray himself as the good guy who was victimized. Hogan sued Gawker on the grounds of privacy invasion and was awarded a $140 million settlement. That amount is being appealed by Gawker since if they have to pay that amount to Hogan they’ll essentially be out of business.

    Recently it was made public that Silicon Valley investor and big-wig Peter Thiel bankrolled Hulk Hogan’s lawsuit to the tune of $10 million. Thiel feels like Gawker’s sister blog Valleywag outed him as being gay in 2007. By most accounts Mr. Thiel had only told a number of close business confidants and friends but didn’t advertise his sexual preference, although it was said to be known to most movers and shakers in the alley.  SInce then he’s been allegedly ‘helping’ people who have been supposedly wronged by Gawker Media. Thiel seems to think that he is the good guy by trying to shut down this supposed media menace in Gawker Media.

    In reality neither of the above mentioned entities are the good guy. So who is? Much like in pro-wrestling storylines the good guy has to face what seems like insurmountable odds before triumphing over the man or men that wronged him. The underdog good guy in this scenario is the First Amendment.

    While what Gawker did may seem distasteful, Thiel is continuing a dangerous tradition that harkens back to WIlliam Randolph Hearst. Thiel is using his money and influence to strong-arm Gawker Media out of existence simply because he doesn’t like them. You may say that Gawker deserves it but where does it end? Say that there’s a strangely coiffed billionaire running for federal office and a large media outlet that has a large influence in the country decides to endorse his opponent. In theory that billionaire could buy that media outlet and heavily influence what stories they report about him. Before you know it other billionaires get into the game and have the news skewed in their favor. If you don’t think that will happen you may already be too late. While he has yet to commit any egregious overreaches of journalism Amazon CEO Jeff Bezos owns the Washington Post. A better example might be Las Vegas business magnate, Sheldon Adelson, who bought an entire newspaper that was often critical of him in the Las Vegas Review-Journal. Reports have said that Adelson is squashing any story that may be critical of him. Before you know it most media will be skewed one way or another, not necessarily by political view but by how it can benefit their billionaire owners.

    For those reasons the $140 million settlement awarded to Hogan should be denied on appeal. If not it will set a dangerous precedent where those with the money can buy any kind of news coverage they want. While some of us were worried about the government possibly curtailing the free speech of journalists we should have been paying more attention to the financially elite. Sometimes a bad guy needs to win so the good guy’s triumph is more impactful.

     
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