Displaying posts tagged under "Network Solutions"
Domain portfolio owner and large registrar group report earnings.
Two domain name companies released third quarter earnings results after the bell yesterday.
Marchex reported GAAP revenue of $40.6 million, compared to $33.7 million in the same quarter of 2012. Its adjusted EBITDA fell to $3.4 million from $4.8 million in Q3 2012.
The company is primarily a pay-per-call business, but it also owns the Archeo domain name business. Archeo sold 81 domain names last quarter for a total of $1.9 million.
Web.com, which owns domain registrars Network Solutions and Register.com, reported GAAP revenue of $125.2 million, up from from $105.8 million for the third quarter of 2012. Its non-GAAP measure increased 9% from a year ago. Its GAAP net loss shrunk from $21.5 million to $6.0 million and its adjusted EBITDA was $38.9 million, essentially flat from last year.
Registrants are agency of the Iranian government or Specially Designated Nationals.
Web.com, parent company of domain name registrar Network Solutions, revealed today that it has shut down three Iranian websites due to the The Iran Threat Reduction and Syria Human Rights Act of 2012.
In its SEC filing, the company details three organizations that Network Solutions originally sold domain name registrations to from 1999 to 2002, which later renewed their domain names. One is an agency of the Iranian government and the two others appear on the Office of Foreign Assets Control’s List of Specially Designated Nationals and Blocked Persons.
Network Solutions locked and deprovisioned the three domains on May 14, 2013. It also placed a transfer lock on the domains. That means that the domain names will eventually expire and the organizations will not be able to renew them through Network Solutions. It seems they’d have to re-register them when they expire.
The three organizations are Valfajr 8th Shipping Line Co SSK, which was designated as an SDN in 2008 (vesc.net); the Iran Marine Industrial Company, which was designated as an SDN in 2012 (sadragroup.com); and the Islamic Republic of Iran Meteorological Organization (“IRIMO”), which Web.com believes is an Iranian government organization (irimet.net).
Web.com noted that the registrations were prior to its acquisition of Network Solutions. It is implementing more controls to prevent similar registrations in the future.
Company faced multiple outtages this week.
Network Solutions customers experienced outtages this week due to a DDoS attack.
The problems appeared to start on Monday. On Tuesday, Network Solutions reported that “On [Monday], some Network Solutions customer sites were compromised.”
Then on Wednesday, the company posted to its Facebook page that it was facing a DDoS “that is impacting our customers as well as the Network Solutions site.”
Later on Wednesday it said the DDoS had been mitigated.
Some customers took to Facebook to question the company’s communication about the downtime.
Adam Hoyle, presumably a customer, asked on Facebook:
1. Why did it take so long for you to acknowledge and inform your customers that there was an issue? 2. Why is there no mention of the issue on your website or on Twitter?
Network Solutions’ Twitter account, which has one or two tweets a day, does not mention anything about the downtime until a July 17 posting saying the DDoS had been mitigated. As of right now, there’s no information on Network Solutions’ main support page about the downtime.
Company charges $9.99 to renew your domain name for another year in case you forget.
As Web.com points out frequently on its investor conference calls, it believes that it has room to grow its cross selling activities to existing customers.
This latest sales pitch gave me a good laugh.
Network Solutions (owned by Web.com) is offering its customers “Domain Expiration Protection”, which makes sure your domain doesn’t expire for a least a year if they can’t auto charge your credit card:
When your domain expires, you risk losing it. Domain Expiration Protection will keep your domain safe for up to one year, if we cannot charge your credit card or you are unable to renew on time
The cost? $9.99.
In other words, Network Solutions will charge you for a renewal today, and only give it to you if you fail to renew your domain for some reason.
To be fair, Network Solutions’ regular price is $34.99. It’s not like they’re charging you “full price” for a renewal to get this protection. If one of my registrars tried to charge $9.99 for this service, they’d be charging me more than my typical renewal fee.
Domain name registrar Network Solutions wants to patent various aspects of a domain privacy service, and has filed a patent application for “Private Domain Name Registration” with the U.S. Patent and Trademark Office.
The application is technically a continuation of an application the company filed in 2004 but later abandoned. The new application was filed May 25, 2012 and just published (pdf) today.
But wait, doesn’t Go Daddy already have a patent on this?
Sort of. Go Daddy patents related to whois proxy services, but the Network Solutions application compares itself to the services of Go Daddy and explains how it’s different.
The key here is proxy versus privacy. Go Daddy’s Domains By Proxy is a whois proxy service. In a proxy, the service actually becomes the registrant of the domain name. On the other hand, Network Solutions offers whois privacy. With whois privacy, the registrant is still the named domain owner, but the contact information in the whois is that of the service. Here’s an example of a Network Solutions private registration:
A key benefit of a privacy service over a proxy, as explained in the patent application, is that you can transfer your domain to another registrar while maintaining privacy. With Domains by Proxy, you must remove domain privacy before transferring the domain to another registrar.
Other claims in Network Solution’s patent application relate to setting rules for scanning and forwarding postal mail and forwarding email.
The vast majority of whois masking services provided by domain registrars are proxy services instead of privacy.