The second sentence contains falsehoods:
"Peter Thiel, who is a Facebook board member and Donald Trump delegate, secretly sued Gawker in a proxy lawsuit and, even though the case is unresolved, it was enough to bleed and bankrupt the company."
Peter Thiel did not "secretly sue" anybody; he is not the plaintiff. There is no such thing as a "proxy lawsuit." Paying the legal bills for a plaintiff whose lawsuit advances your agenda is not unusual; the ACLU, EFF and NRDC do this regularly.
Saying the lawsuit was "enough to bleed and bankrupt the company" even though "the case is unresolved" makes it sound like Gawker was bankrupted merely by the expense of litigation. But the verdict is in and gawker lost. The case is only "unresolved" in the sense that appeals have not been exhausted.