NEW YORK, NY – Two things happened on November 1, 2018, when the National Telecommunications and Information Administration (NTIA) announced it would renew its Cooperative Agreement with Verisign while removing price caps on fees it charges registries: Verisign’s stock (VRSN) shot up $25 per share in a single day (then levelling off at still a healthy gain), Verisign came out blasting domain industry participants, calling them “Domain Scalpers” near suggesting that … [Read more...]
Verisign Warns Industry: Far Greater Worry Then Their Minuscule Rate Increase
NEW YORK, NY – They say that when you mess with the bull, you get the horns. Yesterday, Verisign, the company behind all issuing of .com domain names to ICANN approved registries, came out blasting attempts by industry insiders trying to control a price cap that was set by something called the Cooperative Agreement, an agreement between the NTIA (National Telecommunications and Information Administration) and Verisign (NASDAQ: VRSN), which for years, prevented any increase … [Read more...]
