Just two years after it went public at $10 a share, FriendFinder Networks, publisher of Penthouse, and a ton of websites including AdultFriendFinder.com filed for Chapter 11 bankruptcy yesterday. The bankruptcy petition cites up to $1 billion in debt and less than $10 million in assets. 39 other related companies filed for bankruptcy along with FFN. The company and its affiliates … [Read more...]
RedWine.com, HighHeels.com, RedCarpet.com & Credit.co.uk Hit The Sales Block For 7 Figures Each
SurfMyAds.com is putting up several big domain names on the sales block. RedWine.com, HighHeels.com, RedCarpet.com and Credit.co.uk are for sale for what I'm told is an asking price of seven figures for Each domain name. “After owning some of the most valuable generic domain names for several years, SurfMyAds.com has decided to release some of its inventory,” said Alexis Caldwell, Vice … [Read more...]
Afternic.com Sells $950K In Domains Led By BaliMap.com For $10K
Afternic.com just released its domain sales for the period of 9/9/13 – 9/15/13. Domain sales including confidential sales and sales under $1000, summed to $951,287. The highest sale was BaliMap.com which sold for $10,000 followed by Broda.com for $9,077. Here is the full list of reportable sales: .com … [Read more...]
Making Whois Info Universally Private Will Be Horrible For Domain Investors & A Big Money Lose For Registrars
An ICANN working group interim report to make Whois information generally unavailable to the general public is getting some coverage in non-domainer publications over the last couple of days Basically the proposal calls for scrapping the current whois system which allows anyone to see who the owner of a domain is, (unless the owner has paid the registrar to have the registrar hold the domain … [Read more...]
14oz.net Loses Bid To Grab 13 Year Old Domain Name 14oz.com in UDRP
BREAD & Butter GmbH & Co. of Berlin, Germany, which operates under the domain name 14oz.net just lost its bid to gain control of the domain name 14oz.com in a one person UDRP decision. In the year 1999 the Complainant established a retail and wholesale business under the brand “14oz”. The business mainly focusses on the design, production and retailing of high quality apparel. Until … [Read more...]
HealthySolutions.com Owned Since 2000, Lost In UDRP As Panel Rejects Laches
Health Management Resources Corporation just won the rights to the domain name HealthySolutions.com in a one member panel National Arbitration Forum Decision, despite the fact that the domain was registered and owned by the domain holder Todd Kingsley since March 6, 2000 and the case seemed to turn on the fact the domain name was parked and some of the links were found to be in the classes covered … [Read more...]
Google Buys Bump: Bu.mp
Google (GOOG) just bought Bump, a developer of Android/iOS apps that allow users to share contact info, photos, and other files by bumping their phones together. MarketWatch.com is saying the acquisition was between $30 Millon and $60 Million and the company reportedly took in some $20 Million in investment David Lieb CEO and cofounder of Bump announced the acquisition the company's … [Read more...]