The company which is commonly referred to as the Google of Russia, search engine Yandex priced its initial public offering above expectations Monday night at $25 a share raising $1.3 billion and putting a market value of $8 Billion before trading began. The first trade was at $35 up 40%. At $35 a share the company market value is $11.2 billion. Shares traded as high as $42 and as low … [Read more...]
Archives for May 2011
More Poker Domain Seizures Today: BookMaker.com, TruePoker.com, FunTimeBingo.com, Doylesroom.com & More
According to the BaltimoreSun.com, & to TheBayNet.com more Internet gambling sites were seized and their international owners were indicted today, this time by a Maryland federal grand jury. The domain names and sites were seized today … [Read more...]
If You Screw With Golden Nugget You Probably Won’t Get A UDRP But A Federal Lawsuit
Vegasinc.com is reporting that GNLV Corp the owner of the Golden Nugget Casinos, filed two suits in the last month over two typo domain names. The most recent suit was filed Friday in the U.S. District Court in Las Vegas against Kanter Associates SA for cybersquatting and trademark infringement. The domain name in question is thegoldennuggett.com which has an extra 'T' at the end of the … [Read more...]
Hey Elliot Here Is Why We Should Be Critical of Parking Companies
Yesterday Elliotsblog.com had a post entitled "not overly critical of parking companies" In his post Elliot says in part: "Yes, there is a BIG issue of them working within a “black box,” not sharing how they calculate revenue share and other information with domain owners. Most are anything but transparent when it comes to their operations, and they likely take a very large cut of … [Read more...]
Get Your Popcorn Ready: The Navy Enters The TM Race Again This Time For “Navy Seals”
The Department of the Navy has filed a trademark attempting to take ownership of the term Navy Seals Earlier this week we reported that Disney just 2 days after the raid that killed Osama bin Laden, filed for a Trademark on the term "Seal Team 6" A couple of days ago Fusible.com reported that the Navy filed a trademark for the term "Seal Team" Now it appears that The Department of the … [Read more...]
WSJ: Google Warned On Selling Ads To Rogue Drug Sites & Feds Looking At Whether Company Should Be Charged Criminally
According to The Wall Street Journal, Regulators and industry watchdog groups repeatedly warned Google that it was taking ads from rogue online pharmacies in violation of federal law. Last week Google took a $500 million charge in its recent quarter to cover potential charges related to resolving an investigation by the Department of Justice. CNET is reporting at the same time Google … [Read more...]
Physical.com Sells On Sedo.com For $42,500 As Eric Borgos Goes on A Shopping Spree
Eric Borgos of Impulse Communications, Inc, seems to be going on a domain name shopping spree. After buying Humidifiers.com for $50K yesterday it looks like he just purchased the domain name Physical.com for $42,500 on Sedo.com The domain has most recently been listed under privacy at Moniker.com Congrats to Eric on another nice pickup. … [Read more...]