According to the New York Times, Demand Media in an amended prospectus with the SEC yesterday. In the document, Demand Media says it hopes to raise $138 Million dollars and price its…
Category: Internet News
Facebooks Acquisition of FB.com Isn’t Just For “Internal Use” Anymore It Redirects To The Site
I’m sure you read the various news accounts yesterday that Facebook.com paid Upwards of $8.5 Million dollars for the domain FB.com, making it not only one of the most highest priced domain…
Browser Wars Update: Chrome Hits 10% Usage In US; 14.5% In Europe & FireFox Is #1 In Europe For The 1st Time
According to the firm Netmarketshare.com, Google’s Chrome Browser just hit the 10% mark, in market share just 2 years after introduction. As you would expect most of the gain in market share…
Goldman Sachs Invests $450 Million Into Facebook Making Its Valuation $50 Billion
On the 1st business day of 2011, Facebook has a $50 Billion dollar Valuation thanks to an investment of $450 Million dollars by Goldman Sachs. According to mulitple reports, Goldman’s investment of…
In 2010: China Shuts Down 60,000 Sites, 4,500 Criminal Investigations & Sends 1,332 To Jail
China was busy this year combating porn. According to a CNN.com story, China closed 60,000 websites related to porn, opened up almost 2,200 criminal cases against almost 5,000 people for “who violated…
Groupon Raises $500 Million
Ft.com is reporting that Groupon has raised $500 million in sale of preferred stock just weeks after Groupon reportedly rejected at $6 Billion dollar buyout offer. Ft.com is reporting that Groupon is…
Our First Monthly Domain Calendar Finds January Jam Packed With Shows & Auctions
With the new year we thought we would start publishing a blog post on the 30th of every month of a calender highlighting some of the events in the upcoming month in…