OLD Media Moves

Group backs tech news site Techdirt with $250,000

August 9, 2017

Posted by Chris Roush

techdirt_logovertical_250x250A group is financially backing TechDirt, a tech news site being sued for libel by the same lawyer who helped take down Gawker, to the tune of $250,000, writes David McCabe of Axios.

McCabe writes, “The parent company for Techdirt is facing a libel suit filed by a man who claims he invented email, who is represented by the same lawyer who led the case that resulted in Gawker Media’s bankruptcy. The same person settled with Gawker in 2016. Techdirt’s founder, Mike Masnick, has said that the lawsuit has ‘already taken a massive toll on us and our ability to function and report.’ To help the Techdirt weather the lawsuit, the group of philanthropies, companies and private individuals is funding a year of coverage on the site devoted to free speech issues.

“Techdirt said in a statement that the case has highlighted ways in which there might be a lack of understanding among members of the public about free speech protections, sparking the new effort. Jesse Blumenthal, who leads tech initiatives at the Charles Koch Institute, said that ‘the way in which Techdirt has responded to this is by doubling down on their coverage of free speech issues, and I think that really has institutional and scalable effects.'”

Read more here.

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