Minds + Machines Reports Earnings For 2014: Profit $22 Million: $46 Million in the Bank

Minds + Machines (LON:MMX) reported its audited results for the year ended 31 December 2014. Minds + Machines reported a profit before in 2014 of $22.06 million against a profit of $1.14 million in 2013, largely as a result of receiving $33.72 Million for withdrawing applications for new gTLD's that were in private auctions. The company made $6.44 million in 2013 for withdrawing … [Read more...]

Bought a Month Ago For $12K Fbet.com Leads Sedo’s $1.1M Transactions at $50,000 Euros

Over the past week, 598 transactions took place on Sedo’s marketplace and via SedoMLS, totaling $1.1 Million The domain selling for the highest amount is this week is Fbet.com which was purchased on Sedo just a little over a month ago for $10,099 and just sold again on Sedo for 50,000 Euro's which is over $54,000 53% of total sales were the result of Buy Now listings. The Top ccTLD: cz.cc … [Read more...]

Domain Movers: SJ.com, Ploom.com ShoppingCart.com and More

Welcome to Domain Movers where I dig tens of thousands of domain names to find recently acquired, registered and domains simply moving mainly by all large corporations. These domain names often highlight new brands, services, advertising campaigns and much more. I do the legwork, you enjoy a bunch of unique content that can give you ideas to something in the works! Here we go with the latest … [Read more...]

The Co-Founder Of Minds + Machines Fred Krueger Is Leaving The Company

Fred Krueger, executive chairman and co-founder of Minds + Machines (LON:MMX) is stepping down according to a press release by the company today. Fred Krueger will be succeeded as chairman by Keith Teare, with the role now being a non-executive one. ""The changing of the guard marks the evolution of Minds + Machines from a company set up to take advantage of the liberalisation of generic top … [Read more...]

One Company Just Spent Over $150K In .Apartments Domains & Donuts Makes Over $220K Just In Day 1

Donuts just I believe set a new gTLD record for selling 21 new gTLD's on the 1st day of the Early Access Program (EAP) in which wholesale prices are $10K and retail prices range from around $11K to $12,500. Meaning that Donuts took $210,000 in just EAP fees for day 1 of EAP plus many of those domain name also had a premium price. One company, registered 16 domain names on the 1st day EAP … [Read more...]

Report: Only 14 TLDs Are “Legal” in China

Allegravita published a paper that looks to be a bit troubling for registries looking to do business in China moving forward. The Chinese government is looking to regulate the Chinese domain industry, The MIIT will not interfere with existing domain registrations for unapproved registries; however, new registrations will not be permitted to be sold by Chinese registrars to Chinese … [Read more...]

CoinDesk Reports On “War” Over Bitcoin.com Domain Name

CoinDesk.com is reporting a dispute between Roger Ver and OKCoin over the domain name Bitcoin.com which is describes as a War over the domain: The issue stems from the management of the Bitcoin.com domain, after the two sides struck a five-year deal last December to control the property. Under the agreement, OKCoin was set to redesign the site and pay Ver a percentage of the revenue generated … [Read more...]