Rise of Ad-Blocking Software Threatens Online Revenue – The New York Times

Many of the world’s largest Internet companies, like Google and Facebook, rely heavily on advertising to finance their online empires. But that business model is increasingly coming under threat, with one in five smartphone users, or almost 420 million people worldwide, blocking advertising when browsing the web on cellphones. That represents a 90 percent annual…

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Tech Titans Raise Their Guard, Pushing Back Against News Media – The New York Times

Photo Peter Thiel, the billionaire co-founder of PayPal. It was revealed this week that he had bankrolled the wrestler Hulk Hogan’s lawsuit against Gawker Media. Credit Robyn Twomey SAN FRANCISCO — After the news that one of Silicon Valley’s stars secretly funded a lawsuit to bring down a gossip site, the overwhelming response in the…

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What Silicon Valley’s billionaires don’t understand about the first amendment | Nellie Bowles | Technology | The Guardian

No major American cultural force is more opposed to examination and more active in suppressing it today than Silicon Valley. So when it was revealed this week that Facebook board member Peter Thiel had been secretly bankrolling a lawsuit to inflict financial ruin on the news and gossip site Gawker, Silicon Valley cheered. The investor…

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