Thiel Makes Bid For Remaining ‘Gawker’ Assets

Peter Thiel Considering New Cable News Net

Billionaire venture capitalist Peter Thiel wants to create a new conservative cable news network and his representatives have engaged the powerful Mercer family to help with funding, according to two sources familiar with the situation.

NEWS ANALYSIS

Thiel Lawsuits Displays Troubling Trend

In the few weeks since Gawker.com was forced to shut down thanks to billionaire Peter Thiel, the same lawyers Thiel funded on behalf of Hulk Hogan and others have taken on two new rich and powerful clients: Melania Trump, the wife of the Republican nominee for president, and Roger Ailes, the disgraced former Fox News chief.