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Kevin Moloney / Fortune Brainstorm Tech

Peter Thiel, the Silicon Valley billionaire investor who funded ex-wrestler Hulk Hogan's lawsuit against Gawker, is seeking to pause the sales process of the now-defunct website, arguing that he was unfairly excluded from making a bid, according to a bankruptcy court filing obtained by BuzzFeed.

Why it matters: The buyer of Gawker.com (the rest of Gawker Media's properties were acquired by Univision last year) will be able to do with its contents as they please, including deleting specific articles. There are still ongoing legal actions over a few articles in the archive. Though Thiel never admitted as much, it was long rumored that his decision to help Hogan was fueled by unflattering coverage of him and his business activities over the years, including a 2007 story about the fact that he is gay.

Go deeper

5 mins ago - Sports

"The best race in Olympic history"

Photo: Michael Steele/Getty Images

Three men, three countries and 46 seconds. That's all it took Tuesday morning in Tokyo for the men's 400-meter hurdles final to set the Olympics ablaze.

What happened: Norway's Karsten Warholm, just one month removed from breaking a 29-year-old world record, rewrote history with one of the most jaw-dropping races in human history.

White House: Over 110 million COVID-19 vaccine doses shipped, donated

Photo: Photo by Anna Moneymaker/Getty Images

The U.S. has shipped and donated more than 110 million coronavirus vaccine doses to over 60 countries, the White House said Tuesday.

Why it matters: It is more than the combined donations of all other countries, the White House said, citing the United Nations. Biden had pledged to donate at least 80 million vaccines by the end of June.

Why companies aren't paying more

Illustration: Aïda Amer/Axios

If companies raised pay high enough, then maybe they wouldn’t complain about labor shortages that have forced them to forgo sales. But there seems to be a limit to how much a company is willing to pay, despite what seems like a clear opportunity to maximize the top line.

Why it matters: Companies have been scrambling to staff up amid a rapid economic recovery. Employers across industries have been raising wages in their efforts to be competitive.