CogNews.com Sold for $2755 on TDNam

CogNews.com just Sold for $2755 on TDNam. The domain is not something, but it used to be a popular site and it has a pr6 and over 20K links in yahoo. Also alexa below a million, which indicates it has some decent traffic. I was in the auction, but decided to give it up eventually.

NY Times: How to Make $170K Flipping Sites

NyTimes has an interesting story on a guy who flipped a site for an awesome $173K, after buying it for $1800 and doing some changes. According to compete.com traffic estimates the site bird-cage.com only has 5-6k monthly visitors from US, so it’s strange that just 200 visits per day can provide such nice income. Besides […]

Microsoft Increased Bid for Yahoo

Domain news reports: As promised, we are keeping you up to date on this developing story…  As  we reported yesterday, Microsoft Chief Executive Steve Ballmer had held firm with the original offer, insisting it was fair in light of Yahoo’s eroding profits during the past two years. He threatened an attempt to oust Yahoo’s board […]

Google: Microsoft Acquisition of Yahoo would be “Bad for the Internet”

In a report published on Monday, Google said it was concerned about the free flow of information on the Internet if Microsoft was to succeed in acquiring Yahoo.“We would be concerned by any kind of acquisition of Yahoo by Microsoft,” Chief Executive Eric Schmidt told reporters. “We would hope that anything they did would be […]

AOL Acquires Bebo for $850M cash

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 […]

Yahoo Sued for Spurning Microsoft

AP reports: DOVER, Del. (AP) — Two Detroit pension funds have sued Yahoo Inc. and its board of directors, saying they breached their duties to shareholders in trying to thwart a takeover by Microsoft Corp. The lawsuit was filed in Delaware Chancery Court on Thursday by lawyers representing Detroit’s police and fire retirement system and […]

Yahoo To Stop Arbitrage

domainnamewire reports Yahoo will stop allowing arbitrage as of this Friday, will affect other major companies as well. In a major move sure to have ramifications across the online advertising industry, Yahoo (YHOO) has told its advertising partners that it will no longer accept “arbitraged” traffic as of this Friday. Here’s a look at what […]