Registrar blames industry and macro conditions for downsizing. Domain registrar Tucows (AMEX: TCX) announced today that it is laying off approximately 15% of its staff. Tucows is just the latest domain name company to succumb to a deteriorating domain ... Continue Reading6 Comments
Tucows Reports Slight Loss in Q3
· Domain RegistrarsDomain registrar fights currency fluctuations; down economy. Tucows (AMEX: TCX) reported a third quarter loss of $71,000 today. Despite a difficult environment, our third quarter revenue growth was driven by the strong performance of our OpenSRS ... Continue Reading2 Comments
Butterscotch.com Sends Mixed Message from Tucows
· Domain RegistrarsTucows launches Butterscotch.com. Why? I'm a bit confused. Yesterday Tucows (AMEX: TCX) announced it entered into an agreement to sell its stake in domain registry Afilias for $7.4 million. Investors cheered, sending the stock up 25%. In the press ... Continue Reading9 Comments
Tucows Sells Afilias Stake for $7.4 Million
· Domain RegistrarsRegistrar continues to divest of non-core assets. Domain registrar Tucows has sold its stake in domain name registry Afilias for $7.4 million. Tucows owned 7.38% of Afilias, which pegs a valuation on the registry of about $100 million. However, the ... Continue Reading6 Comments
Domain Stocks Pummeled
· UncategorizedDomain name related companies get pummeled on Wall Street. Google's 52 week stock performance(from Yahoo.com)The stock market is in a free fall, and domain stocks are no exception. Shares of Marchex (NASDAQ: MCHX) dropped 12.5% yesterday to close ... Continue Reading8 Comments
Tucows: Domain Parking May Have Hit Bottom
· Domain RegistrarsTucows' says domain parking revenue is down, but it may be on the rebound. Tucows, a wholesale domain registrar and owner of 150,000 domains, saw its revenue from domain parking drop 12% in just one quarter, but CEO Elliot Noss says it may have hit ... Continue Reading5 Comments
Tucows to Compete with GoDaddy’s Wild West Domains
· Domain RegistrarsCompany to create "reseller in a box" program. Wholesale domain registrar Tucows is launching a new program for resellers that will allow them to open a domain registration store in a matter of minutes. Tucows reseller program, dubbed OpenSRS, has ... Continue Reading1 Comment
Tucows Revives OpenSRS Brand for Resellers
· Domain RegistrarsCompany reinvigorates reseller program with legacy brand. Domain name registrar Tucows is breathing new life into its reseller program by reintroducing an old brand: OpenSRS. Tucows was the first reselling registrar on the web back in 1999, claims ... Continue Reading4 Comments
Domain Name Stocks Pummeled in 2008
· UncategorizedStocks of domain name companies take beating with the market -- and beyond. It's been a rough year for stock markets, and domain name companies' stocks are having a tough run as well. The good news is that two "pure play" domain companies' stocks are ... Continue Reading2 Comments
Tucows and Afternic Deal Q&A
· Expired DomainsBill Sweetman of Tucows answers questions about its deal with Name Media's Afternic. After today's announcement that Tucows (AMEX: TCX) is sending expired domain names to Afternic, there were a couple lingering questions. I asked Bill Sweetman, ... Continue Reading17 Comments