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The Wall Street Journal is reporting that Business.com has sold for between $340 million and $360 million.
“The Web’s original high-price domain name has been sold again — for another lofty price.
“Telephone-directory company R.H. Donnelley Corp. clinched a deal for Web-based marketing directory Business.com Inc. for between $340 million and $360 million, according to a person familiar with the transaction.”
Editted: – CNN has more on business.com business model
Press Release
“London, UK, 26 June 2007 – TomTom, the world’s largest navigation solutions provider, and Vodafone UK today announce that they will jointly develop a new traffic information system that will deliver superior travel time information.
Interesting – One to revisit and take a closer look at in 6 months…
Sedo has just announced the sale of Travel.info for $116,000 Details and press release at DomainNews.com
The London Times has a piece on the coming flotation of moneysupermarket.com
Mercedes Benz has launched (July, 12th) a new IPTV service http://www.mercedes-benz.tv/ (English & German)
Two companies based around generic domain names are for sale for $2bn & $1.4bn. Though the sale of the smaller has been pulled/delayed as interest was around $1.2bn – $1.3bn rather than the $1.4bn price sought.
“The insurance company Admiral has cast a shadow over the forthcoming flotation of Moneysupermarket.com by announcing it had decided not to sell Confused.com, its rival price-comparison service. Admiral said yesterday that despite attracting interest from a number of private equity bidders, no one had offered it a sufficiently attractive price for the minority stake it was prepared to sell.
The Independent website has more here
Marchex Inc. said on Wednesday it is looking to make a splash in the local U.S. online advertising market by introducing 100,000 memorable Web sites featuring local services such as locksmiths.com, remodeling.com or newyorkdoctors.com
The Peoples’ Daily Online is reporting that .cn is the 3rd largest ccTLD with over 5.3 million domains registered just behind Germany’s .de and Britain’s .uk
In order to increase usage the special price of one yuan will be extended until the end of the year.
Mobile YouTube has quietly launched m.youtube.com
Gizmodo has a quick video preview and a summary of the issues here
GPM Group 