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How domain stocks are faring in 2020

Endurance leads the way after acquisition. It’s been a wild ride in the stock market this year. On March 14, I wrote about how domain name stocks fared during the pandemic market crash up through the close on March 13. I wrote an update in May about how shares had rebounded with the market. Fast forward […]

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Big shakeup at MMX after accounting investigation

CEO and CFO are out after board investigates company’s finances. The Board of top level domain name company MMX (London AIM: MMX) has concluded an investigation into revenue recognization at the company. The casualties include the company’s CEO, CFO, and income statement. Earlier this month, the board announced it was looking into a contract under […]

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PayPal drops Epik, sparking registrar to cry it is being “deplatformed”

PayPal apparently inquired about flows of money through the registrar before terminating services; domain name registrar with controversial customers says it is being deplatformed. PayPal has discontinued providing services to domain name registrar Epik. It’s not entirely clear what happened, but Epik has commented on the decision in multi-page letters to PayPal employees, the CEO […]

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Australia’s .Au namespace flat over past year, but gets a Covid bump

Registrations picked up in Q2 but namespace remains flat for the financial year ending in June. .Au Domain Administration Limited (auDA) published its annual report today for the 2019-2020 financial year that ended in June. The report shows that .au domains under management are essentially flat over the past year, falling from 3.193 million domains […]

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DigitalTown files for Chapter 11 bankruptcy

Company tries to reorganize in bankruptcy after founder holds out. DigitalTown (OTC: DGTW) has filed for Chapter 11 bankruptcy after failing to come to terms with a former CEO. The company essentially ceased operations last year, intending to clean up its balance sheet and reemerge. It convinced many of its creditors to convert their debt […]

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Stolen “Go” domains end up in court battle

Many of the domain names were subsequently sold. 15 domain names beginning with “go” have allegedly been stolen and many of them have been resold — creating a complicated issue now in the courts. Scott Petretta registered the domain names about two decades ago as part of his business Multi-Force Corporation. The names include popular […]

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Pocketbook e-reader company sues over Pocketbook.com

After losing UDRP for Pocketbook.com, e-reader maker tries U.S. courts. PocketBook International SA, a company that sells ebook readers, has filed a lawsuit (pdf) to try to get the domain name Pocketbook.com. This is the company’s second attempt to get the domain name. It lost a UDRP for the domain name last year. Some of […]

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Web.com loses WebCentral bidding war despite 80% increase

Australian registrar drops Web.com despite higher bid. It looks like Web.com’s planned acquisition of Australian domain name company WebCentral isn’t going to happen after all. Web.com offered AUS 10 cents per share ($12.2 million total) for the company in July. An Australian internet company, 5G Networks, then made an all-equity acquisition offer. Web.com increased its […]

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Web.com ups offer for WebCentral by 55% after competing bid

Top 10 domain registrar increases all-cash offer for Australian domain name company. Web.com has significantly increased its acquisition offer for Australian domain name company WebCentral (ASX: WCG) after a competing bid was made. Web.com entered into an all-cash AUS 10-cents-per-share ($12.2 million) acquisition agreement with the company in July. But last week, Australian telecom company […]

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CentralNic to acquire monetization company Codewise for $36 million

CentralNic bulks up its monetization business. Domain name rollup CentralNic (London AIM: CNIC) announced that it is acquiring Codewise, which is a collection of advertising and domain monetization companies, for $36 million. The acquisition adds to the company’s domain monetization arm that was created with the acquisition of Team Internet. Codewise operates ZeroPark and Voluum. […]

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© DomainNameWire.com 2020. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact editor (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.

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