Afilias today announces its intention to apply for admission of its issued and to be issued Ordinary Shares to trading on AIM, a market operated by the London Stock Exchange ("Admission") to raise $100 Million dollars. "The $100 million will be used to: · Acquire contested nTLDs in the upcoming auctions; · Fund attractive acquisition opportunities including existing TLD assets … [Read more...]
Verisign To Be The Premier Sponsor At TRAFFIC
According to an announcement out today, Verisign (Nasdaq-VSRN) the registry for .Com, .Net and .Tv will be the Premier Sponsor of T.R.A.F.F.I.C. 2014 conference which will be held at the Fontainebleau Hotel, October 30- November 2. Verisign will host the biggest Welcome Party since 2004 on Thursday, October 30th at the LaCote Restaurant overlooking beautiful Miami Beach. La Cote was named … [Read more...]
Directi Founders Buying Back 100 % Ownership in Media.net
The Turakhia brothers (Bhavin and Divyank) are in the news today after starting the process to buy back 100 % interest in Media.net. This was the only business the serial entrepreneurs started that had an outside investor. The brothers started Directi while still in their teens and have since started many companies over the last 15 years. Businesses include: LogicBoxes, ResellerClub, and … [Read more...]
WARNING: Stolen Domain Names Slash.com & County.com Are Being Shopped Around
We have received a report from Andrew Rosener of MediaOptions.com that at least two domain names, Slash.com & County.com have been stolen from NetworkSolutions.com and are being shopped around for sale. In a email Andrew wrote: "I wanted to notify everyone that we have just discovered a domain theft at Network Solutions which I do not believe is an isolated incident." "So far it … [Read more...]
Name.Space is looking for your help to take on ICANN
Name.Space starts fund raising campaign to take on ICANN There is a campaign running on Rally.org to help Name.space take on ICANN. On the home page of their campaign it explains what the battle is all about, it seems like Name.space has been running an alternate route and feels like it has claim to .nyc, .sex and a whole host of other extensions. The company is looking to raise $75,000 and … [Read more...]
Bob Olea: “Any Domain Seized, Not Owned By Defendant Will Be Returned”
Good news for anyone who had domain names seized by Verisign as part of an ongoing case who are not related to the defendant in that case. The court appointed receiver Bob Olea sent me an email yesterday to the effect that domain that were not owned by the defendant of the case will be returned to their owners. We wrote about around 5,000 domain names that we seized by Verisign related to a … [Read more...]
ICA Changes Membership Structure, Add New Board Position & Voting Procedures For Board
The Internet Commerce Association (ICA) announced today that it passed a resolution (Here is the full Resolution) which changes its membership structure, adds a new Board Positions & changes the voting procedures for members of its Board. Under the resolution the new levels of membership are as follows: Platinum members are for those individuals and/or corporations that contribute $25K … [Read more...]