Domain Magnate

ICQ.ca in now at auction in Pool.com with current high offer $2302 and over 3 days to go.

Now obviously this LLL.ca domain is only that valuable due to the popular IM program with the same name. So it’s very likely that icq.ca has some very good type in traffic that can let the owner make the money back in just a few months.

But the problem is ICQ is a trademark, which now belongs to AOL. Even if the domain icq.ca will be used for something unrelated to the icq brand AOL can claim it and most likely receive the domain. read more »

The Domains reports

AOL Annouced today that it will pay $850 million in cash to acquire social media network Bebo, which has total global membership of more than 40 million.

Bebo is one of the largest social networks in Britain, and is ranked number one in Ireland and New Zealand and number three in the U.S, according to AOL.

News Corp. , which also owns the Fox television and movie studios, in addition to newspaper and Internet holdings, bought MySpace for $580 million in 2005, but has estimated the network is now worth more than $15 billion.

Facebook Inc., which owns the Internet’s second-largest social network behind MySpace, now arguably has a $15 billion market value, based on Microsoft’s purchase late last year of a 1.6 percent stake for $240 million.

There is still rumored talks between Yahoo and AOL.