According to a AllthingsD.com, the New York Times is selling About.com to Answers.com for $270 Million dollars. ""AllthingsD goes on to say, the deal hasn’t closed yet, and I’m told that Answers’ backers — PE firms Summit Partners and TA Associates — are trying to line up financing." "The Times bought About, the precursor to “content farms” like Demand Media, for $410 million in 2005. … [Read more...]

Google a new gTLD applicant has entered the "Bad Hosts & Networks List" for the 2nd Quarter of 2012 as number 27 while Oversee.net improved to number 50. The list which is complied and published HostExploit.com Oversee.net which was number one on the top 50 list in the third quarter of 2011 improved all the way to just make the list as number 50. In the indivdual reports Oversee.net … [Read more...]

The BleacherReport.com has been sold to Turner Broadcasting for $175 Million dollars. The site was started just 6 years ago by four high school friends . The Wall Street Journal reported the price as "about $175 million." TimeWarner owns Turner which own some other great properties including Golf.com and manages other sports sites like NBA.com and PGA.com The site had 10.1 million … [Read more...]

Microsoft is announced today that is going to convert its hotmail service into an email service called outlook.com Microsoft acquired Hotmail in 1998. Hotmail has about 350 million active users. Gmail has roughly 425 million users It looks like Microsoft acquired the domain name Outlook.com in early 2008. You check check out a review of the new Outlook.com mail service here … [Read more...]

Forbes just published a story entitled With Facebook's Earnings, The Second Internet Bubble Is Over. "Facebook shares "are slated to open on Friday at their lowest level yet and will likely end up being valued about 1/3rd less than they were at IPO time. It’s a stunning fall that will have massive consequences from Silicon Valley to Wall Street." "The disappointment, of course, is not just … [Read more...]

Google and Amazon, two of biggest applicants for new gTLD's just teamed up to form the InternetAssociation.org a new lobbying group. According to the Washington Post other founding members include eBay and Facebook. According the Internet Association's website: "The Internet Association is the unified voice of the Internet economy, representing the interests of America's leading Internet … [Read more...]