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 […]
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 😀 Clek, a media consulting firm, […]
iReport.com, 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.
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 business.com in […]