A couple of years ago I leased the domain foundit.com, with an option to buy to a startup. Since then the buyer has been hard at work and today they announced the completion of their lost and found site for all things, from your camera to your laptop to your blackberry and much more. Another great example of how you can use a good domain and turn it into a business with an idea, a lot of … [Read more...]
Amazing: In 2008 Mainstream Publications Are Still Asking: “Whether It’s Worth Buying Your Own Domain Name”
Caught an article in Computer Active UK that started with the above title. It is truly amazing, that more than 10 years after I registered my first domain, this question is still being asked by a publication dedicated to the Computer industry. When I read stories like this, i can feel the value of my portfolio grow. We all forget that so much of the world is still just starting to get … [Read more...]
CitiBank: “Display Advertising is Declining Faster Than Anyone Expected”
According to Citibank analyst Mark Mahaney, Display advertising is declining faster than expected and marketers are holding back on spending in 2009 because of growing economic uncertainty analyst. Mahaney suggested that the online ad market is in worse shape than previously imagined. "October spending in display saw a sharp deceleration from September as advertisers continue to worry about the … [Read more...]
Yahoo’s Yang, stepping down as CEO
Expect shares of Yahoo to jump at the opening in reaction to the news tonight that co-founder Jerry Yang is stepping down as Chief Executive Officer of Yahoo. Yang will return to his former role as Chief Yahoo, and will remain on the board of directors.. Yang is widely seen as the one who blocked Microsoft attempted takeover a couple of years ago and once again refused Microsoft's $31 offer, … [Read more...]
Shares of Chinese Search Engine Giant Baidu Tumble $45 On Drug Ads By Unlicensed Providers
Shares of Chinese search engine operator Baidu.com, got pounded today due to a report by China's state television network that Baidu may have let unlicensed health clinics buy popular medical ad keywords on its search engine. Shares of Baidu fell $4480, or 25%, to close at $134.09, in afternoon trading. Earlier, the stock traded as low as $130.51, its cheapest price since May 2007. Sterne … [Read more...]
Mark Cuban Charged With Insider Trading
The Wall Street Journal is reporting that the SEC has charged Dallas Mavericks owner Mark Cuban with insider trading related to sales of Mamma.com. Mr. Cuban was also a major shareholder in Tucows.com, but divested himself of those shares. More to come … [Read more...]
Live Current Reports Earnings
Live Current Media Inc. a member of our Domain Stock Parking Index announced earnings for the third quarter, ending September 30, 2008. Here are the highlights Record Q3 revenue of $1.95 million, driven by significant sales growth in the health and beauty segment. Record Q3 Perfume.com revenue of $1.93 million, an increase of 29% compared to Q3 of 2007, marking the … [Read more...]