The companies that handle domain registrations have built businesses around hosting, domain speculation and wholesale billing. Domain squatters, meanwhile, make millions with the right URL.
Domain name company Communicate.com (OTCBB: CMNN.ob) rejected a $6M offer for the domain name Cricket.com, according to an article in Kiplinger magazine.
Xavier Buck planned to spend $100,000 last week to bid for domain names, those parcels of virtual Internet real estate, at a live auction in Los Angeles.
Here’s an interesting decision in a UK domain name dispute. MySpace just won the domain name myspace.co.uk, although the name was first registered 6 years before MySpace existed.
In Rick Schwartz's thriving real-estate business there are no rising interest rates to fret over, no land taxes to deal with and foreclosures are few and far between.