Add General Motors to the list of companies that have withdrawn their application for a New gTLD with ICANN as .GMC has becomes the 15th withdrawn New gTLD application. The application which had a priority number of 1911 which means General Motors didn't bother to spend the $100 to pull a ticket in the prioritization draw. General Motors known throughout the world as GM planned on operating … [Read more...]
Warren Buffet Invests In $165 Million Dollars into Domain Industry
According to TheStreet.com, the most famous stock investor on earth, Warren Buffet's company Berkshire Hathaway (BRK.A) has purchased 3,685,700 shares of Verisign (VRSN). At the closing price of Verisign yesterday he investment represents around $165 Million dollars or about the size of the investment Marchex made in the purchase of Yung Ye's domain name portfolio some 8 years ago. We told … [Read more...]
Tucows Reports: Revenue Up 13%: Domain Sales & Parking Revenue up 12%
After the stock market closed last night Tucows (TCX) reported its earnings for the 4th quarter ending Devember 31, 2012 Most of the good numbers were in the earnings call: ""Total revenue for the quarter grew 13%, from the same quarter in 2011 to $29.8 million, our eleventh consecutive quarter of growth and revenue for the year grew 18% net percent to just shy of $115 million both records … [Read more...]
Forbes Calls New gTLD’s “Rich New Territories For Cybersquatters” & Why Forbes IS Wrong
Forbes just published a story entitled "Cybersquatters Get Rich New Territories With Generic Domains" The Forbes Article of course chats about Donuts which Forbes says "raised $100 million to take control of as many generic top-level domains as it could." The story goes on to quote Jeffrey Stoler, a partner with Holland & Knight, who complained that Donuts appeared to have close ties … [Read more...]
To The DNForum Guy: No Domaing Is Not Going To End
Admittedly I'm not a forum kind of guy. Except for Ricks old Board, I don't go into forums nor do I participate in them. The only time I notice them is if someone links to a post to the forum on my blog, or if some Tweets something that catches my eye, which is in fact what happened last night when I read a Tweet saying Domaining is Going to End. The Tweet linked to a post in DNForum.com … [Read more...]
Snap Cancels Auction For Glue.com 4 Days After It Was Suppose To End W/ $22K Bid
Last week an auction started for the domain name Glue.com. The domain name that was in Pending Delete Status since January went into auction on Monday of last week, February 4th and immediately had a high bid of $5,265 Through MostWantedDomains.com, I placed what was then a high bid of $20,000 which was quickly exceed. The last bid I saw on this domain was $22,000 and the auction was … [Read more...]
Sedo 2012: Domain Market Study: 36K Transactions; Ave Sale $1,885
Sedo, the world's largest domain marketplace and monetization provider, today announced the results of its Annual Domain Market Study with Q4 2012 review, revealing domain industry trends and changes based on transactions in its marketplace. In 2012, Sedo powered 36,181 transactions in its domain marketplace with a mean average price of $1,885 across all sales, and a median price of $600. In … [Read more...]