.Web's record-shattering auction was big news in the domain name industry. The second most-read story on Domain Name Wire this year was about the .Web top level domain name selling for $135 million. I broke the news about the final auction price, ... Continue Reading2 Comments
The tables are turned: now Donuts can delay Verisign
· UncategorizedWaiting for the .Web. Many curse words were muttered about Verisign during the process of designing the new top level domain name program. Verisign spread plenty of FUD to delay the program. Now, the biggest new TLD company gets to take a turn at ... Continue Reading4 Comments
Court tosses Donuts’ .Web lawsuit because Donuts promised not to sue
· Policy & LawJudge says agreement not to sue is enforceable. Judge Percy Anderson of the U.S. District Court, Central District of California has granted (pdf) ICANN's motion to dismiss in a lawsuit brought by a subsidiary of new TLD company Donuts. Donuts filed ... Continue Reading3 Comments
Verisign to .Web losers: stop griping and carry on
· Policy & LawVerisign responds to complaints about its deal for .web. Paul Livesay, VP and Counsel at Verisign, has published a detailed response to Donuts' and Afilias' challenges over the .web auction result. If you're unfamiliar with the backstory: Nu DotCo ... Continue Reading8 Comments
ICANN files motion to dismiss Donuts’ .Web lawsuit
· Policy & LawICANN says Donuts can't sue and asks for court to dismiss case. ICANN has filed a motion to dismiss (pdf) a lawsuit brought by a Donuts'-owned company over the results of an auction for .Web. Donuts was one of seven applicants for the .web top level ... Continue Reading1 Comment
Donuts asks judge to allow limited discovery
· Policy & LawCompany wants information and documents from Nu Dot Co and Verisign related to .web transaction. New top level domain name company Donuts has asked a judge to let it undertake limited discovery to figure out what happened between Nu Dot Co and Verisign ... Continue ReadingLeave a Comment
Verisign releases statement about .Web
· UncategorizedVerisign plans to "quickly grow .web". Verisign (NYSE:VRSN) released a statement this morning about .web. It said what we already know: Verisign backed Nu Dot Co's bid for .web. Once Nu Do Co executes the contract, it will seek to transfer the ... Continue Reading7 Comments
Why Verisign paid $135 million for the .web top level domain
· UncategorizedHere are three reasons it might have wanted to run .web. Verisign bought rights to the .web top level domain name yesterday for a staggering $135 million. Up until now, Verisign's only interest in new top level domain names (other than running the ... Continue Reading41 Comments
It looks like Verisign bought .Web domain for $135 million (SEC Filing)
· UncategorizedCompany paying $130 million for "contractual rights". The company that runs .com might soon be adding .web to its stable. Based on an SEC filing this afternoon, it looks like Nu Dot Co was the winner of today's .web auction and Verisign is behind ... Continue Reading30 Comments
Breaking: .Web top level domain name auction ends for $135 million
· Uncategorized.Web domain sets a record. The auction to determine who gets to run the .web top level domain name has concluded with a $135 million price. This is by far the most paid to run a top level domain name. Prior to this auction, the highest public price ... Continue Reading49 Comments