According to MasterCard SpendingPulse, that tracks sales at 72,000 retailers U.S. Internet sales rose 15.4%, to $36.4 billion, between Oct. 31 and Dec. 23. Sales over the Internet now account for about 10% of all retail sales, excluding purchases of automobiles and gas. That's pretty impressive but there is a ton of room to grow. Image when online retail sales hit 50% of total … [Read more...]
Cupid.com Sells for $7 Million Dollars After Easy Date Bows To The C & D Of Easy Group
Back in September of this year, we told you of a European Airlines called EasyJet, which is owned by a company called "Easy Group"that was asserting trademark rights to the word "Easy" much like Facebook has done to the works "Face" and "Book". Our post talked about EasyGroup sending a C & D to a dating site operating in the UK called, EasyDate. The company owned and operated Easy Date … [Read more...]
Venezuela Becomes The Latest Country To Want To Regulate The Internet: Adult Only After Midnight & Maybe No Twitter
According to Reuters Venezuela is the latest country that plans regulate the Internet. A bill presented to parliament on Thursday will place limits on content in "electronic media" according to the time of day, with adult content reserved for programing after midnight. The Reuters story does not say what time of day the Adult blocking would be turned back on and its quite unclear how the … [Read more...]
Results From Much Hyped Trademark Brand Auction: $45K Tops The Auction Which Fetches MUCH Less Than A Domain Name Auction
About a month ago we told you about an auction of 150 “Timeless Trademarks and Domain Names” in New York. According to Adage.com the results of the auction were less than stellar and certainly much less than we typically see in a domain auction. The highest price paid at the auction was $45,000 for "Shearson, "the financial brand unused since 1994 when it was bought by Citigroup's … [Read more...]
Now Paypal.com Cuts Off WikiLeaks
In another move by US companies to run away from any association with WikiLeaks, Paypal.com today announced it would cease processing transactions. Wikileaks has been asking for contributions to support its efforts and such contributions were being proceed through Paypal.com PayPal said its payment service cannot be used for activities "that encourage, promote, facilitate or instruct others … [Read more...]
Groupon.com Says No To Google & Its $6 BILLION Dollars
I had a domainer write me today and tell me he couldn't believe I had turned down $100,000 offer on a domain. Tonight theStreet.com and the Wall Street Journal are both reporting that Groupon.com has said NO. No to Google No to $6 Billion dollars. Lets see. I think its sounds worse if I write it like this: Groupon says no to $6,000,000,000. Yup, I was right, it does sound … [Read more...]
Shopping Is HOT & Companies In the Space Are Selling For Tens Of Millions
Shopping is hot and companies in the space are being bought up for big bucks Yesterday it was reported that eBay purchased Milo.com for $75 Million. Milo.com lists real-time in-store product inventory for over 50,000 stores across the country. Today the Wall Street Journal is reporting that Amazon.com purchased a minority position in the "number two local deal site LivingSocial.com for … [Read more...]