> Gawker may have been terrible, but we should all be a bit concerned at the precedent this sets.

That you have to have serious cash to hold a news site accountable? We are not talking about a charity, Gawker is a multi-million dollar business.

I am glad Thiel did this and I hope it has a chilling effect on the media in the US. They weren't printing news, they were going for titillation that just happened embarrass someone they didn't like. Corruption in political figures, fine, but not this crud.