gawker-media

Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion

Chipmaker Broadcom Ltd said on Wednesday it would buy network gear maker Brocade Communications Systems Inc for $5.5 billion to expand its fiber channel and data storage businesses, the latest in a flurry

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Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion

gawker-media

Gawker settles with ex-pro wrestler Hulk Hogan for $31 million: court document

By Jessica DiNapoli NEW YORK (Reuters) – Shuttered online news website Gawker Media LLC has reached a $31 million cash settlement with Hulk Hogan, the former professional wrestler who obtained a $140 million judgment against the site over a leaked sex tape. Hogan's judgment forced Gawker, known for its irreverent tone and gossipy posts, into bankruptcy in June. “As with any negotiation for resolution, all parties have agreed it is time to move

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Gawker settles with ex-pro wrestler Hulk Hogan for $31 million: court document

gawker-media

Gawker Media files for bankruptcy, to go up for sale

By Jessica DiNapoli and Jared Leone NEW YORK/ST. PETERSBURG, Fla. (Reuters) – Gawker Media LLC, an online publishing pioneer, filed for Chapter 11 bankruptcy and put itself up for sale on Friday after a $140 million court judgment against it in a lawsuit brought by former professional wrestler Hulk Hogan over a sex tape. The move followed revelations that Hogan's lawsuit, along with several others against Gawker, were being bankrolled by billionaire investor Peter Thiel, an early backer of Facebook and a co-founder…

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Gawker Media files for bankruptcy, to go up for sale