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2:40 AM ET, August 23, 2016

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 Top News: 
Tom Scocca / Gawker:
How Peter Thiel's covert bankrolling of Hulk Hogan's lawsuit effectively gaslighted Gawker's business and editorial sides  —  A lie with a billion dollars behind it is stronger than the truth.  Peter Thiel has shut down Gawker.com.  —  This is the final act in what Thiel wished to present …
RELATED:
Nick Denton / Gawker:
Nick Denton's farewell post, detailing the rise and fall of Gawker, as the site shuts down today  —  Gawker.com is shutting down today, Monday 22nd August, 2016, some 13 years after it began and two days before the end of my forties.  It is the end of an era.
Lex Alexander / Blog on the Run:
Gawker flouted basic rules of investigative journalism repeatedly: information is true, of public interest, and the public benefit outweighs harm of publishing  —  The news and gossip site Gawker has been shut down.  But on its last day of existence, writer Tom Scocca made clear …
Josh Laurito / Gawker Data Team:
Gawker.com site metrics, from launch to closure: over 202K posts peaking at over 70 per day in 2008, 7B pageviews, more
Jim Dwyer / New York Times:
Former Fox News host Andrea Tantaros sues Fox, claiming executives punished her for complaining about sexual harassment by Ailes  —  Andrea Tantaros, a former Fox News host, charged in a lawsuit filed Monday that top executives at the network, including the man who replaced Roger Ailes …
Hadas Gold / Politico:
Melania Trump takes legal action against Daily Mail for defamation; Charles Harder, her attorney, represented Hulk Hogan in Gawker case  —  Melania Trump has started legal action against the Daily Mail and other outlets for what she claims is a defamatory article about her past.
Joe Pompeo / Politico:
Sources: Time Inc. is facing new round of cuts across its US titles, including Don Banks of Sports Illustrated; one source says it's around 40 editorial staff  —  THE TRUMPINGTON POST CHANNEL?  — The drumbeat about whether Donald Trump is planning to start his own media operation after Nov. 8 is getting louder.
Lucia Moses / Digiday:
Bustle says its 20-25K daily app users average six minutes per session, above average rates, according to UK study; TV coverage in particular attracts readers  —  It's a hard time for publisher apps.  There was more evidence of that last week when The New York Times announced it would shut down NYT Now …
Benjamin Mullin / Poynter:
The New York Times has created a newsroom-wide team to cover race, with a biweekly newsletter, forthcoming multimedia projects, more  —  More than a decade ago, The New York Times won a Pulitzer Prize for “How Race is Lived In America,” a series of stories exploring attitudes toward race across the United States.
Lucas Shaw / Bloomberg:
Profile of Viacom's interim CEO Tom Dooley, seen as an ally of Philippe Dauman who was also close to Sumner Redstone  —  Interim CEO may ultimately get the top job permanently  —  'He's a very capable, well-liked guy.  He knows the business'  —  After decades at Viacom Inc. …
RELATED:
Alexandra Steigrad / WWD:
Laura Brown, executive director of Harper's Bazaar, named editor in chief of InStyle, to start Aug. 29, succeeding Ariel Foxman, who left in July after 8 years  —  Brown most recently served as Harper's Bazaar's features and special projects and executive director.  —  Laura Brown
Discussion: @wwd and Media Wire Daily
 
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 More News: 
Max Willens / Digiday:
Facebook cuts off new sign-ups to traffic performance tool Domain Insights, creating a headache for new publishers
Discussion: ValueWalk
Ellen Huet / Bloomberg:
Ad tech startup Media.net, which powers contextual ads offered by Yahoo, sells to group of Chinese investors for $900M
 Earlier Picks: 
David Ferguson / Raw Story:
CNN's Trump commentator Corey Lewandowski is still being paid by the presidential candidate's campaign, received $20K in July while working for the network
Liz Spayd / New York Times:
The New York Times should pause in its rush to Facebook Live video and reinstitute its traditional standards of quality control