PALM BEACH, FL – According to several reports, the 2 letter gTLD “My.Life” has been sold in a transaction valued at $175,000.00 (according to the registry), with $100,000.00 paid up front in cash, and $75,000.00 to be paid by the end of the year. The sale was confirmed by a tweet from the Donuts Twitter account and by Elliot Silver who reached out to Matt Overman, Senior VP of Sales at Donuts. The buyer of the unusually short domain asset is believed to be … [Read more...]
Is Paypal’s Algorithmic “FGA” (Flexible Guest Account) Checkout Killing Your Web Sales?
PALM BEACH, FL – I’ve been using Paypal for about 15 years now and while it’s a great and extremely simple way to except payments online, I dislike it as a single point of payment. While Paypal is very smooth and provides an easy and quick set up, many consumers avoid using Paypal from either: A) negative past experience or B) simply not sure if they can use it (confusion on whether or not users are required to have a Paypal account to use it). Imagine how many sales … [Read more...]
Battle to Take-down Backpage.com Ends in Seizure, Criminal Indictments of Ownership
NEW YORK – A long-time battle to remove Backpage.com from the Internet has ended with the indictments of ownership and government seizure of its domain Backpage.com, which hosted a popular online classifieds site similar to Craigslist which allegedly was used heavily by escorts and massage providers far-bending the envelope between casual encounters, prostitution and human trafficking, according to investigators. Since 2010, Backpage.com has come under fire for its alleged … [Read more...]