MENLO PARK, CA - DeepSeek, a Chinese AI startup, has rapidly ascended to the top of Apple's App Store charts in the UK, US, and China following its launch on President Donald Trump's inauguration day. This swift rise has raised concerns among tech experts and free-speech advocates, with some labeling it as AI's "Sputnik moment." The application, powered by the DeepSeek-V3 model, functions similarly to ChatGPT, generating human-like responses to user prompts. Notably, … [Read more...]
Shopify Snaps Up Pair of Country Code Top Level Domains for Over $500,000
OTTAWA, CA - Shopify Inc., Canada's leading technology company, has acquired the domain names Shop.ca and Shop.us from Toronto-based EMERGE Commerce Ltd. for approximately $500,000. These domains now redirect to Shopify's Shop App website, a marketplace designed as a "digital shopping assistant" that allows users to search for products and brands, make purchases, and track shipments. The original Shop.ca launched in 2011, positioning itself as "Canada’s largest online … [Read more...]
Data Leak Impacts Snowflake Customers, Including Advanced Auto Parts, LendingTree
BOZEMAN, MT - In a significant data breach, several major companies have been impacted due to vulnerabilities in their Snowflake cloud storage accounts. The breach, which came to light in early June 2024, has affected companies like Advanced Auto Parts and LendingTree, among others. Details of the Breach: The breach involved unauthorized access to Snowflake's cloud storage, leading to the theft of vast amounts of data. The hacker, known by the alias "Sp1d3r," has … [Read more...]
Domain Registrar, Site Builder Squarespace Purchased by Permira for $6.9 Billion
NEW YORK, NY - Private-equity firm Permira has entered into a deal with Squarespace to acquire the website-building platform and domain host/registrar in an all-cash deal valued at $6.9 billion, according to an announcement made this week by both companies. The deal involves Permira paying approximately a 30 percent premium to Squarespace’s unaffected share price, which comes to $44 a share in cash; as a part of the transaction, the publicly-traded web company – … [Read more...]
Domain Investor Shares Three Investing Tools He Uses Every Single Morning
PALM BEACH, FL - Elliot Silver, an expert in the specialized business of domain name investing, recently penned an article where he shared the three investing tools he uses every single morning and how they play a pivotal role in his success. No matter where I am or what I have planned for the day, I spend some time looking at upcoming domain name auctions,” he said. “The time I spend varies depending on my schedule, but on a regular workday where I am at home, I will … [Read more...]
Domain Name Biz Uniregistry Scores on Domain Name “DomainNames.com”
NEW YORK - A few weeks ago at NamesCon Global 2019 one of the industry’s best domain names, in my opinion, was acquired by Uniregistry, the brainchild of founder Frank Schilling, who operates the company from its Cayman Islands headquarters. As many in the domain industry were, Schilling was in attendance and won the highest bid on DomainNames.com for $370,000, one of the largest sales in the live auction. The remainder of domains which were not sold at the live event, … [Read more...]
Call for Donuts to Release Proof of Original “Record Breaking” gTLD Sale in Late 2017
NEW YORK – With another ‘out of the ordinary’ new Generic Domain Name sale publicly announced by Donuts Inc. for Vacation.Rentals (reportedly acquired for $500,300.00 in an all-cash deal) this becomes their second earth-shattering alternative-dot transaction in the last twelve months of which many will agree, appears to be sent straight from the heavens above. In fact, all of their employees should vacate the Kirkland, Washington premises immediately and purchase lottery … [Read more...]
Why I Told My “New gTLD” Project to “Suck It” – Will Rebrand with King of all URLs
NEW YORK, NY - It takes a lot for a guy like me to give-up on a project or otherwise throw-in-the-towel, especially when I am not even sure how hard I really tried to begin with, but I like to be two steps ahead, and I like to work smart, not hard. That’s why I told Uniregistry to keep the Find.cars URL domain - forget it, let it expire, I’ll just re-brand as FindCarsforSale.com. Here’s my thought process and how it all went down; hill. Two years ago, when .cars domains … [Read more...]