Chanel just filed a massive lawsuit against 399 defendants holding over 450 domain names some of which contain a trademark of owned by one of Chanel company and others sites which sell what Chanel alleges are counterfeit products. Chanel is asking the court for many remedies including injunctive relief, transfer or cancellation of the domain names, as well as attorney fees and other damages … [Read more...]
Archives for September 2011
HomeRun.com From A $131K Domain Sale To Being Purchased By A Company That’s Got $240 Million In Funding
Techcrunch.com today highlighted a company Rearden Commerce, a company I never heard of before, which just raised $133 Million in new financing from a few companies that you might have heard of: American Express and JPMorgan Chase, and Citi. In the TechCrunch goes on to say that Rearden just acquired "HomeRun.com, creator of the HomeRun social buying service and its OfferEngine platform, … [Read more...]
SilverCoins.com Sells On Sedo For $100K, MyLooks.com Sells For $50K + Another Game Domain For $25K
Two more nice domain sales just crossed Sedo.com sales wire. The domain name SilverCoins.com was purchased for $100,000. The domain name is and has been under privacy for the past several years. There haven't been much hotter investments in this horrible recession than Gold and Silver making this IMHO a good purchase. MyLooks.com also sold today on Sedo.com for $50,000. The seller … [Read more...]
RealEstate.com Purchased For $8.25 Million
According to TechCrunch.com in what may well be the buy of the century in the domain name world, Market Leader, (NASDAQ: LEDR) a provider of online marketing and technology solutions for real estate professionals, this morning announced the acquisition of RealEstate.com. A Market Leader spokesperson informed TechCrunch.com that the purchase price was $8.25 million. At that price, IMHO it … [Read more...]
Minds + Machines Announces New Program For .Brand gTLD Applicants Starting At $25K Per Year
According to a press release today Minds + Machines, announced a new program for brand owners who are considering applying for a new generic top-level domain (gTLD) from ICANN. The program's highlights include: Ability to acquire a gTLD now, then use it as needed, when needed Flexible and innovative pricing commensurate with use - as low as $25,000 per year, up to a maximum of $100,000 per … [Read more...]
Google’s Schmidt Faces Senate Hearing Today
Google's executive chairman and former CEO Eric Schmidt will be speaking before the U.S. Senate Judiciary Committee's antitrust subcommittee later today as that panel looks to determine whether Google abuses its power in online search. Antitrust regulators are investigating complaints that Google favors its own commerce services and offerings in its search results, among other … [Read more...]
New Report On Daily Deal Industry: Acquisitions Increasing; Valuations Dropping “Quickly & Signicantly”
Research firm CB Insights, published a report on "the Daily Deal" industry calling it the "most detailed and comprehensive report on M&A transactions, M&A valuation multiples, transaction deal terms and investment funding trends." According to the report: The four key takeaways which emerged after an analysis of the data and numerous acquirers, investors and acquisition targets in the … [Read more...]