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

German Linux association may drop SCO as member

LIVE Linux-Verband e.V., a German association promoting the interests of Linux users and software developers in the country, is mulling whether to drop the German subsidiary of The SCO Group Inc. as a member more »

ATMIA announces names of Judges for 2003 Security Awards

Applications and nominations for this year’s annual global ATM security awards will be evaluated by three independent international judges more »

Digital radio set to launch in Europe

DAB, a decade-old digital radio broadcasting technology based on Europe's Eureka-147 standard, is poised to take off in volume later this year more »

search.lt news

search.lt presents newest links more »

The Uzbek salary projects

National Bank launches 163 salary projects on plastic cards more »

For sale: One annoying tw*t of a girlfriend

There's no doubt that eBay really is a vast improvement on the old Exchange and Mart when it comes to getting rid of unwanted items more »

'Buffalo Spammer' Arrested

Howard Carmack, the notorious 'Buffalo Spammer' accused of sending more than 825 million unsolicited e-mails from illegal EarthLink accounts, has been arrested and arraigned in New York on four felony and two misdemeanor counts. more »

Survey: Demand for IT workers down

Demand for information technology workers is at a four-year low, according to a survey from the Information Technology Association of America more »

search.lt news

search.lt presents newest links more »

Microsoft admits Passport breach

Software giant fixes flaw, could face massive penalty more »