About This Trend
Gawker is a former American online media company and blog network.
According to Hindustantimes.com, Gawker Media was shut down after Hulk Hogan, a former WWE star, sued the company for releasing his sex tape. The lawsuit, which was bankrolled by billionaire tech mogul Peter Thiel, resulted in a $140 million verdict against Gawker, leading to the company's bankruptcy. This high-profile lawsuit has been revisited in the wake of Hogan's recent passing. A feature article provides further details on the lawsuit and its aftermath.