They're not bankrupt due to libel and slander. They're bankrupt for sharing stories that many people believe should be better left in private. The specific stor

They're not bankrupt due to libel and slander. They're bankrupt for sharing stories that many people believe should be better left in private. The specific stories that got them here, regarding Hulk Hogan and before that Peter Thiel, are not libel or slander, as they both involve true information. The issue is whether publishing these things is an invasion of privacy that damages the individuals involved. Much as you might hate Gawker, and I definitely think their practices of outing people for no reason and publishing sex tapes are morally and ethically shitty, what this really shows is that if you piss a billionaire off, they can and likely will silence you. I'm not sure that's a good thing.