PALM BEACH, FL - Richard Lau, it’s a name many in the domain industry will be familiar with, as he was a Co-Founder of NamesCon, the domain industries “main event” so to speak, now owned by GoDaddy.com through its acquisition of World Hosting Days. Richard is also known for his long-term support of WaterSchool, a global nonprofit organization bringing clean and safe drinking water to people in developing countries. It was a staple at NamesCon events – at least that is where … [Read more...]
Nonprofit “ICANN” Exists to Serve the Public Good, Or Does It? What Say You?
PALM BEACH, FL – An important awareness message came out of The Internet Commerce Association (ICA) today, and it should make, even the least interested shopper, question whether or not price increases to consumers are justified when an item or service is purchased from a company with specific oversight from an authoritative body. Whether it is over domain names, or anything else, the question should be, when does a company - any company, which is permitted to … [Read more...]
Wyden: “I Will Explore Every Avenue To Ensure Users, Nonprofits Are Protected”
PALM BEACH, FL - In the ongoing debacle which has highlighted ICANN's unusual position on the .org registry sale which resulted in the billion-dollar sale of .org to a private equity company, US Senator Ron Wyden (D-OR) told The Register that the response from Ethos Capital to his and several of his colleges concerns regarding the sale .org - just isn't good enough. Ron Wyden is very active on issues involving internet freedom and has been called a hero for introducing … [Read more...]
Profiteering? ICANN’s “Terrible Blunder” Expected to Cost Non-Profits Dearly
PALM BEACH, FL – On November 13, 2019, news began circling that Public Interest Registry (PIR), the Reston, Virginia-based not-for-profit created to manage the “.org” top-level domain name had been acquired by a private equity management firm called Ethos Capital. Since then, the ICA, Internet Commerce Association, a non-profit organization representing domain owners, delivered a letter to ICANN, The Internet Corporation for Assigned Names and Numbers, calling on the … [Read more...]
Chicago.com Sale Price Likely $1M According to IRS Filings in 2017
NEW YORK, NY – According to a story appearing on domain industry satire site DomainGang.com, popular domain investor and researcher George Kirikos, has discovered (and recently tweeted) that he located financial documents which indicate what appears to be a sale price of the geographic domain name Chicago.com. ?? I believe that the https://t.co/od6CZmyGsw domain name changed hands for USD $1 million. According to the IRS Form 990 for the Chicago Community Trust (buyer), … [Read more...]