New York Tim’s Top Stories –
Forbes and Fortune Magazines implied that the entire Gawker operation was a scam to hide cash and promote Barack Obama and Hillary Clinton under the “guise” of a “Fake News facade of Gawker Front Companies operated by Nick Denton…”. Now, it is impossible for any of them to get away with that, because scrutiny has been turned up to “11”. Thank you Peter Thiel!
From (giant can of worms) – GAWKER, GIZMODO, JALOPNIK AND UNIVISION FACE INTERNATIONAL LAW ENFORCEMENT SCRUTINY!
[CLICK IMAGE FOR FULL SIZE]
We found a TON when we looked at major players in this story!
Nick Denton published Gawker as part of a media empire.
David Harsanyi reports, “So Gawker and its owner Nick Denton filed Chapter 11 today to avoid paying Hulk Hogan the $140 million they owe him after losing an invasion of privacy trial. The suit was funded by libertarian billionaire Peter Thiel, which, according to many liberals, makes this the most vital First Amendment case of our lifetime.”
“Peter Thiel has admitted to bankrolling anti-Gawker lawsuits in an attempt to shut down the website that once tried to out him as gay. But who is Thiel — and how did he make his billions?
For starters, Thiel is currently worth $2.7 billion…“
he “also co-founded PayPal and was an early investor in Facebook, and then sold the majority of his 10 percent stake in the social media giant following its 2012 IPO, but remains on its board to this day.”
“Thiel co-founded and chairs Palantir, a CIA-backed data company, and also has significant investments in Airbnb and Stripe (an Irish tech company that allows both private individuals and businesses to accept payments over the Internet).”
“In late May, Thiel confirmed to the The New York Times that he had funded the Hogan litigation because he saw Gawker “bullying people even when there was no connection with the public interest…Gawker published articles that were very painful and paralyzing for people who were targeted.” Now Gawker’s Dietrick, Denton and Goldin had just the villain they wanted.
Thiel, a gay billionaire who had been outed previously by Gawker (although Gawker denies outing him because they said “some people” already knew he was gay), had previously expressed disdain for its coverage of Silicon Valley, the source of Thiel’s wealth as a co-founder of PayPal. Moreover, for Gawker, Thiel was a perfect target.”
” . . . In the end, Thiel had the audacity — and resources — to break Gawker’s old business model of hurting people and then forcing the injured party to settle the case for an amount Gawker could live with.”
“Needing a sugar daddy to support his upcoming legal fight, [Gawker owner,] Denton and Dietrick sold a minority stake to a company controlled by Russian oligarch Viktor Vekselberg through a matryoshka doll of holding companies.
An associate and friend of Vladimir Putin, Vekselberg is often described as “one of Russia’s most powerful and connected billionaire barons.” Politico revealed in a barely noticed story that Vekselberg’s Columbus Nova would have veto power over key company decisions at Gawker, despite only owning a small piece of it.”
” . . . Fortune magazine did a deep dive into Gawker’s corporate structure and found that while Denton’s websites regularly harpooned tech giants like Google and Facebook for using byzantine schemes to reduce their tax burden, “Gawker Media quietly played the same game.” Gawker, it turned out, would “shovel its profits offshore in order to defer paying U.S. corporate tax. Gawker took that idea one step further—for the lion’s share of its profits, it didn’t just defer its U.S. taxes, but eliminated them altogether.” “
The Washington Examiner reports that Palantir, the intelligence contractor founded by Peter Thiel, donated “six figures” to the Clinton Foundation in 2014. The foundation is headed by Hillary Clinton and her husband, President Bill Clinton.
Peter Thiel’s Palantir only willing to work with Clinton campaign, #PodestaEmails
“Valued at nearly $20bn by Forbes, Palantir have sold surveillance tools to the CIA and the NSA. “
Palantir joins Clinton Global Initiative – press release:
Joe Conason reports,
How Peter Thiel’s Premier Data-Mining Firm Validated Clinton Global Initiative
“Ten years after its founding, Palantir’s chief executive Alex Karp — one of the firm’s co-founders with Thiel — agreed to perform a highly sophisticated and costly feat of data analysis for the Clinton Global Initiative, at no charge.”
In hindsight it looks a lot like Palantir was covering up the giant sucking sound from CGI –
“. . . Released in 2014, the Palantir report found that nearly 42 percent of all the Clinton Global Initiative (CGI) commitments made between 2005 and 2013 had been completed successfully, while 40 percent were continuing to work toward their objectives. Only five percent were unsuccessful. Just under two percent were deemed to be stalled, while 11 percent were marked “unresponsive” for failing to report any progress for two years (and were removed from the list of active commitments). More than two-thirds of the successful commitments had exceeded their original goals.“
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Nick Denton (owner of 53% Gawker Media) and Clinton Foundation pal – bankruptcy filing: