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Month: June 2009

WSJ: Internet Ad Spending Fall 5% In First Quarter

Posted on June 8, 2009

According to the Wall Street Journal, U.S. online ad spending declined 5% in the first quarter, which is the first decline since 2002. “””The latest expenditure, $5.5 billion, compares with $5.8 billion…

Chocolatier.com Sells for $20K on NameJet.com: Sikh.com Sells For $40K

Posted on June 7, 2009

Hot on the heels of the sale of Candy.com for $3 Million this week, the domain Chocolatier.com sold for $20,200 on NameJet.com today. The domain sikh.com, sold for $40,100 to bidder by…

.NYC Is A Hot Commodity

Posted on June 6, 2009

Most of our stories about the new gTLD’s are negative, as we think the releasing of hundreds or thousands of extensions are trouble for the net. However, there are definitely some of…

Appeals Court Reverses & Allows Suit Against Verisign To Go To Trial: This Is A BIG Deal

Posted on June 5, 2009

A lawsuit was filed in 2005 over the no bid, VeriSign contract, with ICANN which gave VeriSign a monopoly to administer the .com and .net registries., by the Coalition for ICANN Transparency…

Congress Finally Calls ICANN Out On It’s Finances

Posted on June 4, 2009

Florida Republican Cliff Stearns (a fellow Gator)  called ICANN out on its finances , noting that the last balance sheet the nonprofit group showed a $7 million surplus. “You should take that…

Verizon Testifies To Congress Against the New gTLD’s

Posted on June 4, 2009

The Wall Street Journal is reporting that Verizon,  testified in front of the House Energy and Commerce Internet Subcommitteepanel, which is holding hearings on ICANN,  that new gTLD’s shouldn’t be allowed unless…

Rick Hits Another One Out Of The Park: Candy.com Sold For $3 Million

Posted on June 3, 2009

Rick Schwartz announced today on his blog, that he has completed the sale of Candy.com for $3 million dollars to Melville Candy Company of Massachusetts. This is another multimillion sale for Rick…

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