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ICANN, the non-profit group who oversees a number of Internet-related tasks, including IP address space allocation, protocol identifier assignment, making decisions on root server systems, and pretty much everything else that has to do with the Web, has signed an agreement with the U.S. Department of Commerce (DoC) that puts the organization in the hands of an international committee.
According to the Affirmation Agreement, the international committee of parties who will now run ICANN will be chosen by the chairman of its Governmental Advisory Committee, who represents 100 countries around the globe.
"One world, one Internet, everyone connected -- this is our goal at ICANN," said Rod Beckstrom, chief executive office of ICANN. "This agreement gives international stakeholders an even more powerful voice in our activities moving forward."
The move, which was universally praised across the industry, doesn't completely remove the U.S. government's influence, but it does give other countries a much bigger say in how ICANN's policies moving forward.
Posted 08/31/09 at 07:00:34 AM by Paul Lilly
During the same year that you sat in a movie theater chomping on popcorn watching Marty McFly bend the time-space continuum, a computer manufacturer headquartered in Cambridge, Massachusetts laid claim to the first ever registered domain name: Symbolics.com.
You may recall Nordu.net as the first domain name ever created, which dates back to January 1985. But it wasn't until March of that same year that Symbolics.com would go through the appropriate DNS process to be the first domain ever registered, after which it remained under its original ownership for a quarter of a century. Now almost 25 years later, Symbolics.com finally changes hands following XF.com Investments' acquisition of the domain for an undisclosed sum.
It's unclear what the future holds for the Internet's first-ever registered domain name, or for Symbolics, which largely fell out of relevance long ago.
Posted 08/04/09 at 06:10:28 PM by Paul Lilly
New Jersey resident Daniel Goncalves is making history as the first person ever to be arrested and charged for domain name theft in the United States.
Goncalve, a 25-year-old law firm computer technician, stands accused of hacking into Albert Angel's AOL email account and using that information to retrieve the login details for P2P.com from Angel's Godaddy.com domain account. Probably not the best target to go after, Angel is an attorney and former Justice Department prosecutor with a background in internet payment processing.
According to reports, Goncalve also falsified Paypal.com transaction records in an attempt to cover his trail and make it appear as though he purchased the domain for $1,500 from the Angels, much lower than the $160,000 Albert Angel, his wife Lesli Angel, and domain name investor Marc Ostrosfsky paid for the domain in 2005.
There's a whole lot more to this story, which involves an Ebay sale to Mark Madsen, an NBA basketball player with the LA Clippers (and a terrible dancer). You can read all the gory details here.
Posted 06/18/09 at 06:43:41 AM by Pulkit Chandna
Yahoo’s financial woes have not been hidden from anybody. The blighted internet giant is ready to do anything to raise funds. It does not even mind small amounts of cash dribbling into its famishing coffers. It has now stooped to abject levels associated with cybersquatters.
Yahoo is busy putting premium domain names on the block just to breathe easy every once in a while. Last night, Yahoo managed to auction off Contests.com for $380,000.
It isn’t a princely sum by any drug-induced stretch of imagination. A premium domain like that should have fetched in the millions of dollars. That actually explains Yahoo’s dismal state. Yahoo should trade premium domains for some business acumen and not greenbacks in the future. Wonder what Yahoo.com will fetch?
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