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Nick Denton / Gawker:
Nick Denton challenges Peter Thiel to a public debate in open letter, says decade-long campaign by Thiel is out of proportion, asks about ultimate intent — Nearly a decade ago, after you had opened up to friends and colleagues, a gay writer for Gawker shared an item with the readers of Valleywag …
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Barry Meier / New York Times:
Legal experts discuss third-party litigation funding, previous examples involving media, and legal obligations of the lawyers involved — The Silicon Valley billionaire Peter Thiel has put the future of Gawker Media into doubt by secretly funding a successful lawsuit that threatens to undermine the media company's finances.
Steven Perlberg / Wall Street Journal:
Source: Gawker Media is exploring strategic options, including potential sale — Digital media company in the middle of costly legal battle with professional wrestler Hulk Hogan — A judge denied Gawker's motion for a new trial and a reduction of the $140 million privacy invasion judgment awarded to wrestler Hulk Hogan in March.
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Kara Swisher / Recode:
As Facebook courts publishers, the company and some of its directors decline to comment on board member Peter Thiel's funding of lawsuit against Gawker — And there will also likely be no action, either. — Here's a very good question swirling around Silicon Valley and the media universe today …
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Jack Shafer / Politico:
Questions about Peter Thiel's motives, secrecy, and position on Facebook's board amid lawsuit funding disclosure
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BuzzFeed, @hblodget, Forbes, Washington Post, Vox, The Daily Caller, New York Times and Vanity Fair
Felix Salmon / Fusion:
If Peter Thiel's strategy against Gawker works, it may then be emulated by other billionaires against any media organization
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Greg Sterling / Marketing Land:
Facebook expands Audience Network reach beyond just its users — to everyone — All people on Audience Network mobile sites and apps can now be targeted using familiar Facebook parameters. — Two years ago Facebook launched the Facebook Audience Network as part of an effort to expand …
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Facebook, Wall Street Journal, TechCrunch, ZDNet, USA Today and @joshconstine
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Mike Shields / Wall Street Journal:
Facebook to shut down FBX, its ad exchange that lets third party companies purchase ads for desktop as company shifts focus toward mobile — Social network focusing on its own ad network and mobile ad inventory — Facebook is planning to shut down its ad exchange, FBX …
SBNation:
SB Nation releases Vox Media review of Daniel Holtzclaw profile and vows to work on building and valuing staff diversity, among other changes — At SBNation.com, our goal is to produce thoughtful, informative, entertaining and high-quality sports coverage.
Lee Glendinning / Guardian:
Guardian takes down 13 articles and removes unverifiable information from others after checking freelancer Joseph Mayton's work, will review processes — After sources quoted in several stories denied speaking with a freelance reporter, Joseph Mayton, the Guardian has fact-checked all of his stories.
Discussion:
Crikey, Press Gazette, Poynter, Mediaite, Telegraph, @sameralatrush, iMediaEthics, iMediaEthics, @cernovich, @pmarca, @mmasnick, @ggreenwald, @thekarami, @sandmonkey, @daviddebolt, @lee_glend and @lee_glend
Jon Brodkin / Ars Technica:
GOP proposal would cut FCC budget by $69M and block enforcement of rules on net neutrality, data caps, and set-top boxes — Republicans use nation's budget to launch broad attack on FCC regulations. — House Republicans yesterday released a plan to slash the Federal Communications Commission's budget …
David Prestipino / WA Today:
Seven West Media to buy News Corp's Australian properties, The Sunday Times and PerthNow — The sale of The Sunday Times and PerthNow website to rival Seven West Media is almost complete. — Seven West Media CEO and managing director Tim Worner confirmed the company that owns The West Australian …
Natasha Lomas / TechCrunch:
Blendle pay-per-article news service launches iOS and Android apps in US focused on discovery and speed — News delivery startup Blendle, which is applying a marketplace model to journalism offering pay-per-article reads from a range of different publishers, has launched iOS and Android apps in the US …
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socialbarrel.com, The Verge and Engadget
Holly Byrnes / NEWS.com.au:
60 Minutes Australia producer fired over Lebanon child kidnapping story that landed children's mother and television crew in jail — Holly ByrnesNews Corp Australia Network — 60 MINUTES producer Stephen Rice has been sacked over the program's botched child snatch scandal in Beirut …
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