Feeds

Network Solutions buys ICANN's cooperation

It's not exactly love, but it'll have to do...

  • alert
  • submit to reddit

Internet Security Threat Report 2014

A contract approved by Network Solutions and the US government will permit the registrar to administer .com, .net and .org domains for another four years, though a bit less profitably than previously hoped. The company will charge its competitors $6 per year for access to its database, a significant drop from the $35 it's used to charging for registering new domains. NSI will also pay ICANN $1.25 million to keep it afloat, and has agreed to future financial arrangements of up to $2 million per year, a good deal less than the $1 per name, or roughly $5 million per year, ICANN had proposed earlier. Of course the $2 million is still a good deal more than NSI had wished to pay, but the spirit of cooperation seems to have infected all concerned. ICANN will get some money; and NSI will get to limit ICANN's power a bit. In exchange for the payoff, NSI has achieved some mild influence over ICANN decisions affecting it; a full two-thirds majority of ICANN members must now support any new policies bearing on NSI. ICANN interim chairwoman Esther Dyson professed her satisfaction that NSI will keep them solvent; Network Solutions CEO Jim Rutt expressed his satisfaction that ICANN will not be in a position to act as a "legislator" of the Net. It was a wonder they didn't kiss. Well, almost. The final hurdle will be ratifying the contract during ICANN's next meeting in November. This is hardly a foregone conclusion, considering the open contempt with which the two organisations have treated each other in the past year. But if it comes off without a hitch, the two antagonists will be well on their way towards a resigned coexistence, which is about all that can be expected under the circumstances. ®

Internet Security Threat Report 2014

More from The Register

next story
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
BT said to have pulled patent-infringing boxes from DSL network
Take your license demand and stick it in your ASSIA
Right to be forgotten should apply to Google.com too: EU
And hey - no need to tell the website you've de-listed. That'll make it easier ...
prev story

Whitepapers

10 ways wire data helps conquer IT complexity
IT teams can automatically detect problems across the IT environment, spot data theft, select unique pieces of transaction payloads to send to a data source, and more.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.