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...]
Afilias Asks ICANN To Disqualify Nu Dot Co’s $135 million winning bid for .Web
Afilias has written ICANN asking that it disqualify Nu Dot Co’s $135 million winning bid for .Web, which as we now know would give Verisign (VRSN) control of what many consider to be the best of the new gTLD. Afilias also asked ICANN to conduct an investigation, and has also filed a complaint with the Ombudsman. This is in addition to the amended lawsuit filed last week by Donuts’ after it … [Read more...]