Shares of Web.com (WEB) rose over 13% after hours as Reuters.com reported the company "is in talks with private equity firms after receiving takeover approaches." The story went on to say "The buyout interest in Web.com comes as its sector has become increasingly crowded, with companies such as Wix.com Ltd, Weebly Inc and Squarespace seeking to gain market share from established players such as … [Read more...]
Dynadot reducing their renewal grace period by 10 days
Dynadot sent out an email regarding their grace period policy. They are shaving 10 days off their previous 40 day grace period to a 30 day grace period. You will have to pay $10 additional if you renew in the final 10 days of that TLD's renewal grace period. This notice is to inform you of an update to our renewal grace period policy. As you know, with many top-level domains (TLDs), we give … [Read more...]
Tucows Down Over 10% in After Hours Trading After Earnings Release to $43.25
After releasing it earnings yesterday Tucows (TCX) share sank over 10% in after hours trading to $43.25. Shares of Tucows closed at $48.40 share down $.20 after hitting an intraday high of $50.52 in trading yesterday. As you can see from the one day chart above shares of Tucows were down to just above $40 a share in after hours trading before rallying back over $43. We will see how the … [Read more...]
Rightside Sells Enom to Tucows For $76.7 Million Cash
Rightside Group, Ltd. (NAME), today announced that it has signed a definitive agreement for the sale of eNom to Tucows Inc. (TCX) for $83.5 million, less a net working capital adjustment of $6.8 million, resulting in net cash at closing of $76.7 million. eNom has approximately 14.5 million domains under management and generated approximately $116.5 million in revenue through Q3 2016, primarily … [Read more...]
AlpNames Selling Famous Four’s New gTLD Domain Names for $.49 For Rest of 2016
According to an email we just received, the domain name registrar, AlpNames is going with a $.49 registration for domain names for Famous Four Media new gTLD extensions (non-premiums) "From now until the end of the year, ALL AlpNames customers can benefit from some of our lowest ever pricing across 16 AWESOME domain extensions. " "For just $0.49 USD each, you can register as many domain … [Read more...]
Epik Starts To Accept Bitcoin For Payment & Disbursement
Epik.com, a full-service, all-inclusive domain name and operator of a commission-free marketplace announced effective immediately, customers may pay for domain registrations, marketplace purchases, escrow, SSL certificates, web development, hosting and other services using Bitcoin, in addition to credit card, Paypal, Masterbucks and bank transfer. Customers may also disburse proceeds to … [Read more...]
Tech Crunch Publishes a Great Story On The Domain Industry
TechCrunch.com published a great story about the money floating around in the domain industry entitled ""The silent evolution of domain names"". People in the domain space are mentioned include Rob Grant as the father of Lana Del Rey, Kevin Ham, and Thunayan K. AL-Ghanim. The story covers Godaddy's purchase of our portfolio saying they spend over $100 million in domains. The story quotes … [Read more...]