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Donuts Gets $110 Million Credit Line
August 9, 2017 @ 7:28 AMDonuts Inc., today announced that it has closed a $110 million credit facility led by Silicon Valley Bank (a division of SVB Financial Group), and with participation from Cadence Bank, N.A., Comerica Bank, Pacific Western Bank, and Umpqua Bank. This debt financing was oversubscribed. Donuts is using these funds to complete its $213 million merger with the Rightside Group, and for…
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Donuts' Acquisition of Rightside Makes It Easier On Brand Owners
August 9, 2017 @ 6:26 AMCombined top level domain name portfolio will require only one brand blocking purchase. Brand protection just got easier thanks to Donuts’ acquisition of Rightside. Both companies have offered their own versions of a Domains Protected Marks List (DPML) that allows brand owners to block certain trademarks from being registered across their top level domains…
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Tucows Revenue Jumps On eNom Acquisition
August 8, 2017 @ 12:51 PMEnom propels topline and earnings growth at Tucows. Domain name and network access services company Tucows (NASDAQ:TCX) reported a big jump in year-over-year revenue and earnings for Q2 thanks to the integration of domain registrar Enom, which it acquired in January. Net revenue jumped from $47.2 million in Q2 2016 to $84.2 million in Q2…
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Andee Hill Hired By ICANN
August 7, 2017 @ 10:14 AMOver the weekend, I saw that Andee Hill announced that she has left Donuts. Andee worked there for two years as Director of Business Development at Donuts. Prior to Donuts, Andee founded (and sold) an escrow service and got her start in the domain business at Escrow.com. Of her time at Donuts, Andee said she is “Honored to have worked at a smart company and with smart people.” Her last day at the company was July 31…
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Gay.com, "Worth $7 Million", Donated to Gay Blog
August 7, 2017 @ 4:48 AMThe domain name gay.com has reportedly been donated for free to a gay rights group despite claims it is worth $6.9 million. The Los Angeles LGBT Center said late last week that it is to take ownership of the domain, which will direct visitors to a recently launched blog. The Center says it is the…
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Grumpy Campaign Claims Victory After Auda U-turns
August 7, 2017 @ 1:44 AMAustralian ccTLD administrator auDA has scrapped two unpopular policies following the ouster of its chairman last week, allowing campaigning domainers to claim victory. auDA said it has done away with its member code of conduct and has reinstated its policy of publishing its board meetings’ minutes. These were two of the key demands of Grumpy.com.au,…
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Iran Rep Reported to ICANN Ombudsman, Again
August 3, 2017 @ 12:39 AMIran’s Governmental Advisory Committee representative has found himself reported to ICANN’s Ombudsman for alleged bad behavior for the second time in just a few months. Outspoken GACer Kavouss Arasteh was referred to Ombudsman Herb Waye by consultant John Laprise, according to posts on mailing lists and social media. Both men serve on an ICANN volunteer…
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Iran Rep Reported to ICANN Ombudsman, Again
August 3, 2017 @ 12:39 AMIran’s Governmental Advisory Committee representative has found himself reported to ICANN’s Ombudsman for alleged bad behavior for the second time in just a few months. Outspoken GACer Kavouss Arasteh was referred to Ombudsman Herb Waye by consultant John Laprise, according to posts on mailing lists and social media. Both men serve on an ICANN volunteer…
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Efty Hits 1 Million Domains Milestone
August 2, 2017 @ 11:11 PMEfty announced a milestone on Twitter this morning: the one millionth domain name was recently added to its platform. The person whose domain name was the millionth name won a free year of Efty. The software company was founded by Doron Vermaat and Lionel Petitaux in 2013, and Domain Sherpa’s Michael Cyger invested in the company in 2015…
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Texas Man Sues Fortune 500 Liquor Company to Overturn Cybersquatting Decision
August 2, 2017 @ 12:06 PMLiquor company says that Rufino.com is a typo of its Ruffino brand. A Texas man who owns 60,000 domain names has sued Fortune 500 liquor company Constellation Brands, Inc in an effort to overturn an adverse Uniform Domain Name Dispute Resolution Policy (UDRP) decision. Constellation Brands (NYSE: STZ) and its wine-making subsidiary Ruffino SRL filed…
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