Report: Bitgold, Inc. Purchases GoldMoney.com for Nearly $52M

According to CoinTelegraph.com, BitGold has just acquired Goldmoney.com for CA$51.9 million (US$42.3 million), incorporating more than 135K of the website’s “gold bugs,” or gold-hoarding enthusiasts". "Founded in 2001 by James Turk...Goldmoney is a service that allows users to trade and safely store their gold assets, controlling over CA$1.5 billion worth of precious metals in their storage … [Read more...]

Report: 4 Million AdultFriendFinder.com Members Personal Information Stolen

click2houston.com, is reporting that the personal information from as many as four million members of AdultFriendFinder.com may have been stolen. The information includes the sexual preference, marital status and other personal data, like dates of birth and email addresses. According to the story, the site boasts 64 million members, but it’s not known which of those had their information … [Read more...]

Hosting Co. One.com Winner of .One Gets Equity Investment To Enter US

One.com, which also won the rights to operate the new gTLD .One,  announced today that Accel-KKR, a technology-focused private equity firm, and ATP Private Equity Partners ("ATP PEP"), one of Europe's largest institutional investors in private equity funds, have completed a growth equity investment in the company. This investment will support One.com's launch into the U.S., its ongoing product … [Read more...]

France Wants Google to Show Them What’s In Their Secret Sauce

The tension between Google and the E.U. continues to persist, now there is talk of a new law in France that would force Google to reveal its secret sauce, in other words show us how your algorithm works. If you think of Google as being dominant in the U.S. it is far greater when it comes to search in Europe. While making up 68% of search volume is the U.S. according to one report, it handles 90 … [Read more...]

Nevada Would Like To Regulate Internet Traffic

Nevada wants to be the first state to regulate Internet traffic, in an article on USA TODAY, Anjeanette Damon, Reno (Nev.) Gazette-Journal gave the details. The one take away from the article was that critics and security experts believe the bill would actually aid what it is hoping to prevent. The bill is being pitched as a help with Cyber Security. From the article: Nevada could become the … [Read more...]

Investing in Education Domains ? University of Phoenix has lost half its Students

For those domain investors out there that have a big chunk of education related domains, especially online education, the latest news out of University of Phoenix may be of interest. Enrollment is on the decline. Enrollment at America's largest for-profit university was about 460,000 students five years ago. Now it's 213,000. From CNN Money: What happened: Apollo's fast fall is another sign … [Read more...]

I said it before Canada is not messing around when it comes to Spam – $1.1 million fine handed down

Back in September of 2014 I wrote an article on DomainCrunch.com that Canada was not playing around when it comes to spam. A Canadian law that targets spam email could have a big impact on Boston-area companies that use email marketing. Starting July 1, the law makes sending commercial messages to a Canadian resident without their express consent very costly. According to the legislation, the … [Read more...]