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"(Reuters) – A U.S. bankruptcy judge on Wednesday approved Gawker Media’s request to borrow $22 million from an affiliate of buyout firm Cerberus Capital Management LP to help fund the online publisher through its court-supervised auction.", venturebeat.com
"Nick Denton certainly thinks so. After a Florida jury awarded Hulk Hogan over $100 million in damages for Gawker posting a sex tape of the wrestler, Gawker has been hit with more lawsuits, all of which involve Hogan’s attorney, Charles Harder. One of them was filed on behalf of Shiva Ayyadurai, whose claim to have invented email has been challenged by several outlets, including The Washington Post...", newrepublic.com
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