Slots.com which was bought by BodogBrand.com for $5.5 Million at a SnapNames.com auction is now creating jobs. According to a press release: ""During the launch phase, the company is looking to recruit a minimum of 100 new employees in all areas of a gaming company from IT to Marketing and all points in between. Inevitably, beyond that initial stage we will require more talent as the … [Read more...]
Can A Senate Candidate Be A Game Changer For The Whole .US Extension? JoeMiller.US
If you're a .US domain investor you might want to pay close attention to the Campaign of Joe Miller who is running for Senator from Alaska. Miller is a Tea Party candidate who has a slight lead in the race for the Republican Primary for Senator pending the counting of absentee voters. Why should you care about Mr. Miller's campaign if your a .US investor? Because Mr. Miller is using a .US … [Read more...]
From A $25K Domain To A $10 Million Dollars Sale in Less Than 2 Years: HotPotato.com
According to TechCrunch.com the site HotPotato.com is being bought by Facebook for something between $10M-$15M. What makes this story interesting, is the domain HotPotato.com was for sale at the TRAFFIC auction in Orlando in May 2008 with a reserve price of $10k-$25K. The domain which at that point was a developed site, did not sell reaching a high bid of $17,500 (You should check out … [Read more...]
.Org Grows By 7.6% in 1st 6 Months of 2010 To 8.5 Million Domain Names
The .Org registry released its bi-annual domain name report, "The Dashboard," today and reported a higher growth rate for .Org domain names for the first six months of 2010, than .com or .net. The .ORG domain grew by 7.6%, more than doubling last year's first half gain of 3.2%. This increase in registrations has brought .ORG's total domains under management to 8.5 million. The … [Read more...]
“1st Fund” To Invest Only In Domains Launches August 1st Promises To Make Domains Accepted As An Asset Class
Here is what maybe a huge step for Domains to become a real world asset in the wider investment community. In a press release today, a company called the The Domain Developers Fund says they will officially launch on August 1. "The DDF offers institutional and private investors equity investments in Internet Domain Names." "Its the first fund to invest in domain names … [Read more...]
TechFlash.com: Microsoft News Going Without The Domain Of Its New Site For Men: OnIt
According to TechFlash.com, Microsoft looks like they are go to name their new site for men, ONIT but they don't own the domain name OnIt.com TechFlash writes: "A newly surfaced trademark filing shows Microsoft seeking to register the name "ONIT" for a new website catering to men." "The trademark filing, dated Aug. 4, is clear in describing "ONIT" as "an Internet website portal featuring … [Read more...]
A New Domain Name Record? Quinstreet Acquisition of Insurance.com: $36.5 Million Dollars
Quinstreet (QNST) just announced today during its conference call that total consideration it paid for acquiring the domain name Insurance.com was $36.5 Million dollars. $36.5 MILLION Dollars. It does not appear from the conference call that Quinstreet acquired or even wanted to acquire the business that was formerly under Insurance.com, making this sound like pretty much a straight domain … [Read more...]