CBS to Buy CNet

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 […]

CNN: World-Record $10 Million Domain Sale!

Big news in the domaining world. CNN reported the highest domain sale ever 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 😀 Clek, a media consulting firm, […] Up and Running, that made news recently for selling for $750K to CNN, is now up and running. CNN 2.0 with a bright new look and social twist. Hardly worth a fraction of that high price on the reseller market, but definitely a great and memorable name for a social bookmarking site.

Domaining in The News

The domaining industry becomes stronger and more venture capital companies are entering the field, investing milions of dollars into domains. Another confirmation to it is a recent article in CNN Money: Domain Name Game Still Going Strong; Tad Less Secretive People scoffed when investment firm eCompanies paid $7.5 million for the Web address in […]