A Silicon Valley billionaire is reportedly funding the legal war to end Gawker

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Gawker Media was ordered to pay $140 million in damages to Hulk Hogan — real name Terry Gene Bollea — in March of this year over the company’s publication of the wrestler’s sex tape. The case was outlandish and caused a media frenzy, as expected from a legal battle between a man famous for ripping his shirt off and fighting on stage and a company built around combative tabloid stories. But the two sides’ motivations seemed fairly simple: in Hogan’s case, to seek hefty reparations for broken privacy and apparent distress, and in Gawker’s, to secure the First Amendment right to share similar tapes in the public interest in the future — and to avoid paying millions of dollars in fees and penalties.

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