Breaking the Virtual Real Estate Monopoly

Published: 25 April 1999 y., Sunday
Since 1993, Network Solutions has been the only company in the world that could register web domains ending in .com, .net, and .org, and it charged its customers handsomely for them. But starting April 26 it will have five new competitors. They stand to make millions, but more importantly, the change means that for the first time ever, ordinary web users will have a shot at paying a fair price for their own corner of cyberspace. The companies that have been selected are both big and small, nonprofit and for-profit: Register.com, the Internet Council of Registrars, France Telecom, Australia_s Melbourne IT, and the mega-giant Internet service provider America Online.They will be registering domains on a 60-day trial basis, after which time, if all goes well, the arrangement will become permanent. The choices were made on the basis of technical competence, business savvy and geographical distribution by the Internet Corporation for Assigned Names and Numbers (ICANN), the international nonprofit group in charge of making sure the Internet_s infrastructure is managed in a fair and sensible fashion. The major challenge facing the new registrars will be technical: They will be sharing a database of more than four million domain names. The biggest news may not be the naming of five new registrars, but that if the test period is successful, ICANN will throw the market open to no fewer than 29 more registrars, among them AT&T.
Šaltinis: Internet
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Microsoft Corp. on Monday capitulated to customer pressure

Microsoft Bows to Pressure, Extends Support for Older Windows Versions more »

Gates Unveils Innovative New Products and Services at CES

In his keynote address at the 2004 International Consumer Electronics Show (CES), Microsoft Corp. Chairman and Chief Software Architect Bill Gates expanded on the company's vision for "seamless computing" more »

2004 to be year of the 'superworm'

Virus writers create secret P2P virus network more »

Intel launches Celeron M chip line

Lower-cache processors are designed for thin and light notebooks more »

Japan, China, S. Korea developing next Net

Japan, China and South Korea are reportedly planning to jointly develop Internet Protocol version 6 (IPv6), the next-generation Internet standard more »

Online crime up in 2003

It seems 2003 was a productive year for phishers, online auction scammers and Nigerians professing a deep sense of purpose and utmost sincerity more »

search.lt news

search.lt presents newest links more »

'Phisher' site targets Visa, as holiday scams abound

Ruse uses e-mail, Web site to snag account numbers and personal identification numbers more »

search.lt news

search.lt presents newest links more »