Domain Magnate

NameMedia announced its award winning AfternicDLS marketplace has been selected as the exclusive expiry auction partner by leading Internet registrar Tucows. Effective immediately, thousands of daily expired domains from Tucows are automatically available for auction on Afternic. The estimated addition of 100,000 premium domains each month to AfternicDLS inventory will further enhance the selection of domain options for Afternic members. Afternic DLS currently offers millions of premium domains for sale to a global audience of buyers and sellers and enjoys the highest domain sales market share in the industry.

Tucows,one of the top five registrars in the world, joins an expanding list of top-tier registrars who are selecting Afternic as their exclusive auction platform for expiry domains. read more »

CBS is making a bigger push on the Internet. The broadcast company said Thursday it would acquire CNet for $11.50 a share, or $1.8 billion, in a deal that will make CBS one of the top 10 Internet companies in the United States. The deal offers CNet shareholders a 44% premium to Wednesday’s closing price and comes as CBS has been struggling to gain traction with investors.

“There are very few opportunities to acquire a profitable, growing, well-managed Internet company like CNet Networks,” said CEO Les Moonves. “CBS stands for premium content and unparalleled reach, and CNet Networks will add a tremendous platform to extend our complementary entertainment, news, sports, music and information content to a whole new global audience.” read more »