Verisign: China weighs on .com, .net prices going up Read more

Verisign: China weighs on .com, .net prices going up

Soft demand in China hurts Verisign’s quarter. Verisign (NASDAQ: VRSN) reported Q2 earnings after the closing bell yesterday. Revenue grew 5.7% year over year and operating income grew 5.5%. The overall base of .com and .net domain names under management slipped 0.32 million (0.1%) from the end of Q1 2023, and increased just 0.1% from […]

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Verisign gets patent for cryptocurrency-backed sale and transfer of domain names Read more

Verisign gets patent for cryptocurrency-backed sale and transfer of domain names

Patent describes way to use blockchain technology for the sale and transfer of domain names. The U.S. Patent and Trademark Office has granted patent number 11,645,370 (pdf) to Verisign (NASDAQ: VRSN) for “Transferring a domain name on a secondary blockchain market and in the DNS.” The patent describes a way to transfer domains in both […]

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ICANN Board: no foul play in .web auction Read more

ICANN Board: no foul play in .web auction

ICANN Board gives approval to contract the .web top level domain. The ICANN Board of Directors has determined that an agreement between Nu Dot Co and Verisign for the .web top level domain name did not violate the new TLD application terms. The backstory: a company called Nu Dot Co won the auction to run […]

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Verisign adds 1 million .com/.net domains in Q1 Read more

Verisign adds 1 million .com/.net domains in Q1

Domain registry ups the lower end of its revenue guidance for the year. Verisign (NASDAQ: VRSN) reported first quarter earnings this afternoon. The company ended the quarter with 174.8 million domains in the .com/.net base, which was 1.0 million more \than it ended 2022. 161.6 million of those are .com domains. It processed 10.3 million […]

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