Posts Tagged ‘msnbc’

White City Auctioned off for $1.55 million

Posted in Auctions, Funny, News on July 16th, 2008 by Michael – Be the first to comment

No it.s not WhiteCity.com, actually it’s the real city this time! As msnbc reports, also spotted on unplain

CARLSBAD, N.M. - White’s City, a tourist town at the entrance to Carlsbad Caverns National Park, has been sold at auction for $1.55 million.

Higgenbotham Auctioneers International says the community and the surrounding 366 acres were sold Monday. The company did not release the identity of the winning bidder.

White’s City includes two motels, a recreational vehicle park, a museum, retail shops, a gasoline station, an opera house and a water park. read more »

CNN: World-Record $10 Million Domain Sale!

Posted in Lists, News on March 12th, 2008 by Michael – 4 Comments

Big news in the domaining world. CNN reported the highest domain sale ever Fund.com sold for $10 million.

Clek Media Inc. (”Clek”) today announced that it has brokered the world-record sale of the domain FUND.COM for US$9,999,950 in an all-cash transaction. That’s a lot of cash to carry around :D

Clek, a media consulting firm, represented the seller of the domain, assisting in both the negotiation and closing of the transaction. The buyer is Fund.com Inc. (OTCBB: FNDM), a New York firm previously named Meade Technologies Inc. To date the buyer has revealed their plans for the domain mostly in filings with the US Securities and Exchange Commission. read more »

New tld’s ‘.pdf’ or ‘.mp3’ Could Appear

Posted in Country tlds, ICANN, News on February 14th, 2008 by Michael – Be the first to comment

MSNBC reports

NEW YORK - Internet addresses ending in “.pdf” or “.mp3″ could appear under a new proposal, while domain name suffixes consisting entirely of numbers would likely be rejected.

Hints about such do’s and don’ts appeared in a new report issued by the Internet’s key oversight agency, the Internet Corporation for Assigned Names and Numbers. The organization is looking for feedback on security and operational issues that may arise from the introduction of new domain names as early as this year.

ICANN said it considered prohibiting suffixes that match common extensions for file names, such as “.exe” for Windows-based executable programs, “.doc” for documents using Microsoft Corp.’s Word software, “.jpg” for photos in the popular JPEG format, “.pdf” for Adobe Systems Inc.’s ubiquitous Portable Document Format and “.mp3″ for music files.But the organization concluded it would be too difficult to keep track of which extensions are popular enough to prohibit, and allowing them shouldn’t confuse major Web browsers, which already assume that an address refers to a Web page rather than a computer file.

ICANN, however, said it would likely bar all-numeric suffixes, such as “.123.” That’s because domain names are merely easy-to-remember substitutes for the numeric Internet Protocol addresses that computers understand and use behind the scenes. Allowing all-numeric suffixes could result in a Web address that also happens to be an IP address, confusing browsers.

Once ICANN finishes crafting its criteria, it will start taking bids from outside companies and groups for new domain names, so a “.pdf” domain would appear only if an applicant comes forward and wins approval.

ICANN has yet to determine how many new names it will accept to join “.com” and more than 250 others already in place.

 

Interesting industry news. New tlds are always a goldrush at the beginning and a complete failure at the end. Just make you reg them first and sell within a couple months.