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GoDaddy credits aftermarket for growth (again)

Domain aftermarket propels Core Platform segment to better-than-expected revenue. Revenue in GoDaddy’s (NYSE: GDDY) “Core Platform” segment grew ahead of expectations last quarter, and the company credits the aftermarket for the better-than-expected results. In prepared remarks during the investor conference call yesterday, Mark McCaffrey, GoDaddy CFO, stated: Core platform revenue, which includes domains, hosting and […]

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ICANN’s tax return: top salaries and a big savings account

Latest tax return reveals big salaries and a growing treasure chest. ICANN has filed its 2021 Form 990 (pdf), which is the non-profit equivalent of a U.S. tax return. The return covers the 12-month period ending June 30, 2021. Here are some noteworthy points: Nine employees had total compensation of at least $500k, and 16 […]

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Numeric .eth domains are the latest meme NFT

How people sextupled their money in one week. Three and four digit .eth domain names are the new hot thing. Over the past week or so, prices of short numeric .eth domains have taken off. .Eth domains are connected to Ethereum Name Service, a blockchain-based naming platform. To give you an idea of the meteoric […]

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Meta Platforms drops lawsuit against Namecheap after settlement

Judge formally dismisses lawsuit with prejudice. Meta Platforms’ (NASDAQ: FB) lawsuit against domain name registrar Namecheap was officially dismissed today, following a settlement last month. Meta (Facebook at the time) sued (pdf) Namecheap and its Whois privacy service in March 2020 for alleged cybersquatting and trademark infringement. It complained that Namecheap’s Whois privacy service was not disclosing […]

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DomainAgents acquires Domain Boardroom

Donna Mahony passes the torch. Domain name aftermarket DomainAgents has acquired domain name forum Domain Boardroom from Donna Mahony. The 15-year-old forum has been run differently than its competitors. It required an annual membership fee and an invitation from an existing member, thus making it a bit more exclusive. All of its content is behind […]

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Radix posts $38 million revenue in 2021

Revenue jumps 35% year over year. Privately held top level domain name company Radix reported some of its financials today. The company grossed over $38 million in revenue in 2021, up 35% from 2020. That number is net of all discounts and rebates. Radix’s net profit was up 60% during this period. Most of the […]

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Interesting data in the 2022 Global Domain Report

The annual report includes primary and aftermarket domain data. Sedo and InterNetX released their annual Global Domain Report today. Clocking in at nearly 70 pages, the report contains interesting data about the domain market (both primary and secondary) last year. I recommend reviewing the entire report, but here are some interesting takeaways. Buy Now More […]

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GoDaddy acquires DNAcademy

Company hopes to teach more people about domain name investing. GoDaddy (NYSE: GDDY) has acquired DNAcademy, an education platform for domain name investing. Michael Cyger founded DNAcademy seven years ago. What started as a basic education platform has ballooned into something much bigger, with many course modules and tools for domain investors. “I’m at a […]

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Bored Ape Yacht Club goes ape for domain names

Yuga Labs registers over 1,000 domain names. How many Web2 domain names does a Web3 company need? A lot, apparently. Yuga Labs, creator of the Bored Ape Yacht Club and now the owner of CryptoPunks and Meetbits NFTs, registered over 1,000 domain names over the past week. The domains cover everything from the new ApeCoin […]

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Red Hat tries to reverse domain name hijack a Fedora domain

National Arbitration Forum finds that Red Hat filed a cybersquatting claim to harass domain name registrant. Red Hat, a software company that’s a subsidiary of IBM, has been found guilty of attempting reverse domain name hijacking. The company filed a cybersquatting complaint under the Uniform Domain Name Dispute Resolution Policy (UDRP) against WeMakeFedora.org. Fedora is […]

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