A few days ago Bunnings Hardware (Australia’s largest hardware store chain) let Hardware.com.au expire and it was picked up by their rivals Woolworths for $33K from Drop.com.au. As far as I am concerned, Woolworths picked it up for a song!! It sounds like they intend to take on Bunnings in a pretty big way so [...] Continue reading →

It was just pointed out to me that Banks.com has entered into a sale/leaseback arrangement with Domain Capital for their flagship domain, banks.com. Under the terms of the arrangement Banks.com received $571,452.08 ($600,000 minus a security deposit) and will leaseback the domain over 5 years for monthly payments of $14,273.96. This means Domain Capital will [...] Continue reading →

As I write this, Christmas Day is still 10 days away but it seems Santa paid an early visit to the domain industry this week. Four lucky domain sellers found shiny six-figure financial packages under their tree. When you add them all up over $1 million changed hands in those four deals that lead our [...] Continue reading →

Paul Butler, an intern on Facebook’s data infrastructure engineering team created a map of the world using nothing but Facebook connections. Using data generated by 500 million people, the map shows how incredibly connected human beings have become with the use of social media. Butler said, "It's not just a pretty picture, [...] Continue reading →

The International Olympic Committee (IOC) has threatened to sue ICANN if the organizations trademarks are not added to a restrictions list, keeping potential registrants from registering names. The IOC first threatened ICANN back in April over the introduction of new TLDs. The organization issues a statement asking for a meeting with ICANN. ICANN [...] Continue reading →

The best news I have heard this week has to be word that a convicted domain thief is going to jail for his crime. Daniel Goncalves will not be doing his time in some minimum security lock up either. Instead he can look forward to spending five years in state prison and paying hundreds [...] Continue reading →

Back in August 2009 we reported that New Jersey state police has arrested Daniel Goncalves in the first ever arrest for domain name theft. More than a year later, Goncalves has plead guilty and will likely serve jail time. Goncalves reportedly hacked into the email account of the P2P.com domain owner, [...] Continue reading →