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5:25 PM ET, May 25, 2016

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 Top News: 
Forbes:
Sources: Peter Thiel has played a lead role in bankrolling Hulk Hogan's lawsuits against Gawker Media  —  One of Silicon Valley's best-known investors has been footing a former wrestler's legal bills in lawsuits against a shared enemy.  —  Peter Thiel, a PayPal cofounder and one of the earliest backers …
Discussion: Talking Points Memo, New York Times, The Huffington Post, New York Times, WWD, Wall Street Journal, Adweek, @choire, Salon, CNNMoney, Fortune, Poynter, TechCrunch, @lpolgreen, @jayrosen_nyu, USA Today, @perlberg, GQ, ThinkProgress, NPR, Fast Company, @themorningnews, Gawker, Business Insider, Financial Times, BuzzFeed, Variety, The Wrap, New York Magazine, The Independent, Washington Post, Breakingviews, New Republic, USA Today, Real Stories, CNNMoney, AllAccess.com, Recode, Death and Taxes, @lessachu, @slmandel, Yahoo Finance UK, @dangillmor, @ggreenwald, @laura_hudson, The Daily Caller, @tomgara, Business Insider, Mother Jones, Quartz, Politico, The Interrobang, Wall Street Journal, Agence France-Presse, Sky News, Complex UK, International Business Times, CBC News, CBS News, Muckety, Showbiz Spy, Newsmax, Heavy.com, TIME, AOL, The Next Web, @xmasape, @ggreenwald, Talking New Media, Recode, The Big Lead, @mlcalderone, Morning News USA, @jbouie, @mlcalderone, @adriennelaf, @tylergreendc, Business Insider, FishbowlNY, @roseveleth, @ggreenwald, @heerjeet, Newser, Caterina.net, @ctzn5, @mattdpearce, Fast Company, The Drum, INSIDER, USA Today, London Evening Standard, New York Daily News, Silicon Valley Business …, New Zealand Herald, Crikey, New York Post, Raw Story, TheBlaze.com, Newsweek, Washington Post, MarketWatch, Slate, Techdirt, The Week, Los Angeles Times, The Week, Awful Announcing, Daily Mail, Crikey, Fortune, CNET, @coreypein, Forbes, @marinahyde, The Verge, Daring Fireball, Media Law Prof Blog, @tomgara and @theotypes
RELATED:
Peter Sterne / Politico:
Florida judge upholds $140.1 M verdict against Gawker, Nick Denton, and AJ Daulerio; Gawker to appeal  —  A state court judge in Florida upheld a jury verdict of $140.1 million in damages against Gawker Media, CEO Nick Denton and former editor in chief A.J. Daulerio.
Callum Borchers / Washington Post:
Thiel's backing of Hogan suit against Gawker shows the heavy price media companies face, heightened by Trump's litigious, anti-media stance  —  Reports that Silicon Valley billionaire Peter Thiel secretly bankrolled Hulk Hogan's lawsuit against Gawker Media represent the latest twist …
Katie Rogers / New York Times:
The New York Times announces it will offer buyout packages to newsroom and business department employees at the end of the month  —  The New York Times will offer voluntary buyout packages to members of the newsroom and several business departments at the end of the month, the company announced on Wednesday.
Alex Spence / Politico:
Washington Post targets Europe with expanded Global Opinions section, additional regions to be added in coming months  —  The Washington Post, resurgent under the ownership of Amazon's Jeff Bezos, is expanding in Europe as part of a drive for more readers outside its home market.
Discussion: Washington Post and @rafat
Lukas I. Alpert / Wall Street Journal:
Business Insider launches website for lifestyle vertical Insider after 10 months distributing content exclusively on social media platforms  —  Content designed to be distributed on social media platforms gets its own Web destination  —  In the fast-changing world of digital publishing, occasionally something old becomes new again.
Mark Scott / New York Times:
EU proposes new rules to protect minors, combat hate speech, and mandate that video streaming services have 20% European content  —  How do you say “House of Cards” in French?  Under new European proposals, you may soon find out.  —  That's because European officials announced on Wednesday …
Poynter:
Investor Towle & Co urges Tribune Publishing to strike a deal with Gannett at a price above $15 per share, slams deal with Nant Capital  —  A second big-dollar investor in Tribune Publishing is calling on the newspaper company to cut a deal with Gannett, just two days …
Discussion: Deadline and @poynter
Laura Hazard Owen / Nieman Lab:
Denverite is the first in a line of new city news sites from a startup backed by longtime media execs  —  Here's a new stab at local news: A new media company founded by Gordon Crovitz, the former publisher of The Wall Street Journal; Kevin Ryan, the founder of Business Insider; and Jim Friedlich …
Ben Popper / The Verge:
Spotify's Discover Weekly reaches 40 million users and 5 billion tracks streamed  —  Every Monday morning, a freshly created selection of around 30 tracks arrives for each of Spotify's more than 100 million users.  The offering is called Discover Weekly, and it has cracked the code …
Alan Rappeport / New York Times:
Over 400 writers including Stephen King, Dave Eggers, Amy Tan, and Cheryl Strayed release online letter opposing Trump  —  Donald J. Trump has been working to mend fences with many of his detractors, but among literary luminaries it is looking like it will be a tough sell.
Radio Free Europe/Radio Liberty:
Azerbaijan orders release of Radio Free Europe/Radio Liberty journalist Khadija Ismayilova on suspended sentence  —  Azerbaijan's Supreme Court has ordered that RFE/RL journalist Khadija Ismayilova be released from custody after reducing her prison term from 7 1/2 years in custody to a suspended term of 3 1/2 years.
Mike Minotti / VentureBeat:
Interview with Turner Sports executive VP Craig Barry on Eleague's goals, approach, and partnership with Twitch  —  One of the biggest names in cable television is getting into esports, and it think it can do a better job than current leagues.  —  Turner's Eleague, which will feature Counter-Strike …
Discussion: VentureBeat and Forbes
RELATED:
Dylan Byers / CNNMoney:
Industry observers and some staff believe BuzzFeed will eventually curtail news to focus on more profitable video and entertainment  —  Early last year, BuzzFeed CEO Jonah Peretti wrote a blog post titled “Why BuzzFeed Does News,” a battle cry for journalism that had the unintended effect of unnerving some members of the news division.
Discussion: Newsmax and The Interrobang
 
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 More News: 
Mădălina Ciobanu / Journalism.co.uk:
Multimedia storytelling platform Shorthand launches out of beta
Jonathan Shieber / TechCrunch:
Wickr Foundation invests in Whistler, a secure communications and education app for activists and reporters
 Earlier Picks: 
Hadas Gold / Politico:
Source: Josh Tyrangiel promoted at Vice Media to oversee company's entire news division; 15 digital producers, writers and editors laid off
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

Esha Dey / Bloomberg:
Tesla's shares are up 73% since Election Day, as several analysts see the Trump administration easing rules for self-driving tech, benefiting Tesla's ambitions
 
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