Paypal is about to get some competition as a new service called Zelle has teamed up with several national banks including Bank of America, Capital One, BB&T, Chase, Citi, TD Bank, Sun Trust and US Bank to name a few. According to its site which is located at the domain name ZellePay.com, its "the new, easy way to send money in minutes directly between U.S. bank accounts — right from your … [Read more...]
Verisign: The Number of .Com Domain Registration Pass 129 Million For 1st Time
According to Verisign (VRSN) which operates the .Com registry, the number of .Com domain names in the Domain Name Base has passed 129 Million for the 1st time. The number of .Com domain names in the Domain Name Base passed 128 Million for the 1st time in September 2016. The number of .Com domain passed 127 Million in May of 2016; 126 Million domain names in March 2016. So growth of … [Read more...]
Domain Investors Need To Learn Some Trademark Law
By now everyone knows that Rick Schwartz prevailed in the UDRP filed on Queen.com. There was also a finding of RDNH. Last year Mr. Schwartz was dealing with enforcing his trademark for "Domain King." While he lost his dispute for DomainKing.biz some of the comments on our two posts about Rick enforcing his trademark for "Domain King" left me scratching my head. Frankly I was pretty shocked … [Read more...]
New gTLD .Africa Closes It’s Sunrise Period With Over 930 Domain Registrations
The long awaited and much contested new domain extension .Africa just closed its Sunrise period on June 2nd and according to the zone file there are over 930 domain name registrations. It appears a Sunrise domain name cost somewhere around $200 depending on the registrar. The Sunrise period is opened to those trademark holders registered with the Trademark Clearinghouse The next phrase … [Read more...]
Shares of Web.com Up Over 13% After Hours On Takeover Rumors
Shares of Web.com (WEB) rose over 13% after hours as Reuters.com reported the company "is in talks with private equity firms after receiving takeover approaches." The story went on to say "The buyout interest in Web.com comes as its sector has become increasingly crowded, with companies such as Wix.com Ltd, Weebly Inc and Squarespace seeking to gain market share from established players such as … [Read more...]
Shares of Godaddy Hit An All Time High
Shares of Godaddy (GDDY) hit an all time high today of $40.37 before closing at $40.29 which I also believe is an all time high closing price for shares of Godaddy. Shares were up over 3% at $1.23 and are up slightly after hours. I didn't see any news today on the company. Godaddy has a market cap based on the closing price of 6.77 Billion … [Read more...]
.Art Gets 3K Domain Registrations on 1st Day of General Availability
According to the .Art registry during the first 24 hours of general availability which started yesterday, over 3,000 .Art domain names were purchased/registered. Of those about 95% were "standard" domains e.g., personal names of people and organizations, while the rest belonged to the .ART inventory of word and word combinations. While the personal names are mostly sold at standard prices, … [Read more...]