Alibaba Cloud raises prices for domain name auctions amid AI compute price war

Alibaba Cloud raises prices for domain name auctions amid AI compute price war Alibaba Group Holding’s cloud computing unit – the service handling the online broadcasting of the 2024 Summer Olympics – has announced that it raised prices on its domain name auction platform, as the company tries to deal with rising costs while grappling with price …

After 20 years, DomainTools takes its first VC dough

DomainTools has taken a “significant” investment from a venture capital firm, the first outside funding its received in its 20-year history. The amount of the investment is undisclosed, but DomainTools said its investor is Battery Ventures. Battery already owns stakes in numerous software and technology companies, but this appears to be its first foray into …

RCEP could boost demand for domains

RCEP stands for “Regional Comprehensive Economic Partnership,” which was signed on November 15 to cover the 10 Southeast Asian countries and South Korea, China, Japan, Australia and New Zealand. Once ratified by member countries, the pact will formally enter into force in 2021. This pact signals Asia’s rise as an economic powerhouse, as evidenced by …

Verisign reports Q3 earnings, 10.9 million new .com/.net registrations

Verisign, the domain name registry for .com and .net domain names, announced third quarter earnings after the market closed. Revenue was up 3.1% year-over-year to $318 million. The company’s topline generally moves slowly but should spike next year as it implements a 7% price hike on .com domain names. Profit increased from $154 million in …

Enhancing the Effectiveness of ICANN’s Multistakeholder Model Moves into Implementation

Each day, the ICANN community comes together to develop policies that will ultimately impact how the world interacts with the Internet through its system of unique identifiers. At the heart of this important work is the ICANN multistakeholder model – a bottom-up system of governance where every stakeholder, no matter their background or experience, has an opportunity to have …