Gizmodo, the new fence for Nick Denton.

Fence, as in a way for him to sell his devious, stolen, demented ideas to the public in all of his skeevy dreary blogs.

I was interested in the news about Gizmodo and the iPhone last week, even though I don’t read/have either one, just because I like tech news.  It took me a couple of days before I had time to read the details.

Gawker Media’s Gizmodo blog dropped a bomb on technology enthusiasts Monday with information and pictures of what looks like a prototype for Apple’s next iPhone. Gawker paid for access to the device from a person who found it at a bar in Redwood City, Calif., Gizmodo editor Jason Chen said. Gawker founder Nick Denton coyly acknowledged in a tweet Monday that his company has paid for exclusives before.

I was outraged at this! And happy to find this article from Daily Finance on how Apple could easily sue Gizmodo for knowingly buying the stolen iPhone. The author actually talked with Nick Denton.

Gawker Media has admitted — boasted, really — that it paid $5,000 to get its hands on a prototype of a fourth-generation iPhone for its gadget blog, Gizmodo.

Now that I’ve had a few hours to digest all this, I am somewhat scandalized, even outraged. Put simply, Gawker Media brazenly, publicly flouted the law. It subsidized a crime: the selling of stolen merchandise.

See full article from DailyFinance: http://srph.it/aGnF2V

What Jeff  Bercovici doesn’t bring up, however, is how Gizmodo also stole and used intellectual property, known as trade secrets.

Business Insider says that Denton now claims he LOST money because of this big scoop! 

With characteristic humility, Gawker Media owner Nick Denton describes his company’s acquisition of an iPhone 4Q — two months before