Feeds

$50 million for genetherapies .net?

Domain name sellers lose the plot

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

Surfers seem to have lost the plot when it comes to trying to cash in on the domain name scramble.

Not only are they snapping up any old domain creation that sports a trademark - auctions this month on eBay included microsoftcriticalupdates.com and microsoftofficeupdates.com - but they also seem to expect to make a mint by pitching any URL with a TLD.

One optimistic seller was asking for $21 million for shoppinggirl.com, and $50 million for the domains genetherapies.net and genetherapies.org. "IF YOU DON'T HAVE A NATURAL BRAND NAME OR A COUPLE HUNDRED MILLION, DON'T BOTHER! The Domain Names "GeneTherapies.net, GeneTherapies.org" Is for sale," screamed the description on eBay. These domains are currently registered to Californian Tom Clark. Unsurprisingly, the auction ended with no bids.

The seller of the Microsoft domains, who called themselves "supermarketing" and pitched the creations at "the discerning businessman", was asking for between $10,000 and $150,000. No-one was willing to stump up the cash, probably just as well as the mighty Microsoft need only to get onto its lawyers or WIPO and the domains would be whipped away before you could say "cybersquatter".

Other blips in reality included the sale of the domain ijhj.com. Touted as a "rare 4-letter .com" - probably so rare that no surfer would ever accidentally find it - it went for the bargain price of $5.51. ®

Related Stories

Big bucks URL is thebusiness(.com)
Mr wembleystadium.net loses domain case
AltaVista shames cybersquatter
Madonna wins her domain namesake

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
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?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.