Web.com Group, Inc. (WWWW), which owns the top 10 domain name registrars, NetworkSolutions.com and Register.com announced results for the first quarter ended March 31, 2013 on Thursday night. After reporting results shares of the company hit an all time high on Friday Here are the highlights: Added 21,000 net new subscribers, ending the quarter at 3.03 million subscribers Average … [Read more...]
Neustar Reports: Revenue Up 8%; Sets $250 Million Repurchase Plan
Neustar, Inc. (NSR), announced results for the quarter ended March 31, 2013 and affirmed its guidance for 2013. Neustar is the backend provider for several TLD's including .Us and .Co and hundreds of new gTLD's and is going to operate the .NYC extension on behalf of the city of New York The company also announced that it plans to purchase up to $250 million of its Class A common shares … [Read more...]
Verisign Reports: 123 Million .Com/.Net Domains; Revenue up 15%; $1.6 Billion In Cash
VeriSign, Inc. (NASDAQ: VRSN), today reported financial results for the first quarter ended March 31, 2013 reported revenue of $236 million for the first quarter of 2013, up 15% from the same quarter in 2012. Verisign reported the quarter ended with 123.1 million .com/.net domain name registered a 5.5% increase year over year. Verisign reported net income of $85 million and diluted earnings … [Read more...]
Google Reports: Revenue Up 31%; Paid Clicks Up 20%; Cost Per Click Down 4%
Google Inc. its earnings after the market closed today, reporting a first-quarter profit of $3.35 billion, or $9.94 a share, compared with a profit of $2.89 billion, or $8.75 a share, for the year-earlier period. Shares of Google are up just marginally after the report. Google ends the 1st quarter with over $50 Billion in the bank. Here are the details: Google Inc. reported … [Read more...]
Microsoft Doesn’t Like Google’s Dotless .Search But Supports The GAC’s Move Against Closed Generics
Microsoft issued the following statement exclusively to TheDomains.com last night regarding events this week in at ICANN: “As the Governmental Advisory Committee (GAC) to ICANN recommended this week, it is contrary to the free and open ideals of the Internet for a private commercial entity to act as gatekeeper to domains that consist of generic industry terms like .search, .cloud or … [Read more...]
Google Acquires YT.Be To Use As YouTube Shorterner
According to Thenextweb.com, Google has acquired the domain name YT.be, which it started forwarding to its goo.gl URL shortening service today. "Presumably, Google will use the domain name for shortened links to YouTube videos. " "Today, the company uses another .be domain name to do that, namely youtu.be, as you can tell from this totally randomly selected tweet: I have it on good … [Read more...]
Demand Media Paid $18 Million For Name.com Registrar
According to a 10-K report filed with the SEC by Demand Media (DMD) (page F-31) the company paid $18 Million dollars for the domain name registrar Name.com ""On December 31, 2012, the Company completed the acquisition of the net assets of Name.com, a retail registrar company based in Denver, Colorado. "The purchase consideration of $18,000,000 comprised an initial cash payment … [Read more...]