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$115 million verdict in Hulk Hogan sex-tape lawsuit could wipe out Gawker | Ars Technica

$115 million verdict in Hulk Hogan sex-tape lawsuit could wipe out Gawker | Ars Technica: Gawker owns several other popular online news sites, including the gadget site Gizmodo, Lifehacker, Deadspin, Kotaku, Jezebel, and Jalopnik. The company employs about 250 people and has been majority-owned by Denton since it was founded. He recently took outside investment for the first time�to be able to pay for this litigation and possible damages.

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