The real estate investors packing the Renaissance Hollywood Hotel in Los Angeles this week don't have to worry about interest rates, exploding mortgages and foreclosures.
Rick Schwartz has sold the domains iReport.com and i-Report.com to Turner Broadcasting System, parent of CNN, reports DNJournal. The purchase price was $750,000.
What would you a call a company that allows users to search for domain names and then registers those names to itself? Some would call it a "front runner" or a "cybersquatter."
Back in 1999, the internet entrepreneur Jake Winebaum and his associates paid $7.5 million for the domain name business.com – a seemingly crazy price for a simple web address.
Los Angeles-based Oversee.net said Thursday morning that it has acquired Moniker, a provider of domain name registration, asset management, and monetization services.
The Domain Name System (DNS) is still growing strongly, indicating the internet's expansion in terms of infrastructure, users, traffic and applications.