The WWE cut ties with Hogan in 2015 due to a recording of him repeatedly using the n-word — part of the infamous sex tape for which he sued Gawker.
During its tenure, Gawker referred to the Bustle CEO as an “a**hole” and a “self-serving misogynist.”
What the PayPal co-founder planned to do with the news site remains unclear.
The news was first reported by Reuters, which did not specify Thiel's motivations.
A Kickstarter campaign led by former staffers raised less than $90,000 of its $500,000 goal.
The fundraising campaign is a last-ditch effort to revive
It would give him the power to delete the shuttered site's entire archive.
Attorney Charles J. Harder helped Hogan and Peter Thiel take down Gawker last year.
When documentary filmmaker Brian Knappenberger set out to make a film about Hulk Hogan’s lawsuit against Gawker Media, he
Mama Grizzly is taking on the Grey Lady! Former Vice-Presidential candidate Sarah Palin is suing the New York Times after it published an editorial saying her campaign material incited the Gabby Giffords shooting in 2011.
A new documentary focuses on the fight to preserve First Amendment rights in media.
"The goal here is to punish and to call out people who lie about Melania Trump," Conway told Rachel Maddow.