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In This Issue...
INDUSTRY UPDATE
Yahoo! Acquires Overture
Companies Fight Against Cybergripe Sites
Cutesy Domain Names Making Online Fraud Easier
ICANN UPDATE
ICANN Comes To Terms With Country Domains
Domain Justice Coalition Files Lawsuit Against ICANN
Pool.com Sues ICANN
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INDUSTRY UPDATE
Yahoo! Acquires Overture
Now that Yahoo! has merged with Overture, they have the potential to be the largest marketing company in the internet industry. Overture has one of the largest search engines in the commercial industry, which will compliment Yahoo's searches. "Together, the two companies will be able to provide the most compelling and diversified suite of integrated marketing solutions around the globe, including branding, paid placement, graphical ads, text links, multimedia, and contextual advertising," said Terry Semel, chairman and chief executive officer, Yahoo! Inc. Read more.
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Companies Fight Against Cybergripe Sites
To some, cybergriping is considered free speech, while others consider it libel. Regardless, several companies are battling with the legal system to make cybergriping illegal. Cybergriping is when a domain name is registered using a company's name and attaching a negative word or phrase, literally giving the company a bad name. For example: if a company name was "This Company" the URL would read: ThisCompanySucks.com or associate other negative words with the company name and URL. Read more.
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Cutesy Domain Names Making Online Fraud Easier
Consumers are being persuaded by fraudulent websites to reveal personal information. This problem has become more prevalent with the ease of a few simple techniques. Websites are being developed to look like a reputable company by using a similar domain name, similar web sites and redirecting links. Best Buy was recently damaged by a fraudulent scam that lured consumers to release personal information to what they believed was a secure Best Buy link. Customers should constantly be aware of the website's appearance, URL or other strange notifications or requests. For business owners, the best way to protect your customers is to keep them educated. It also helps to acquire and maintain any domains that could be affiliated with your company brand to prevent them from getting into the hands of a scammer. Read more.
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ICANN UPDATE
ICANN Comes To Terms With Country Domains
When the Directors of ICANN met in Montreal, they withdrew their dominance upon other countries. After four years of debate, ICANN will no longer try to dictate what other countries, besides the U.S., will do with their domain names. Cultural and Religious differences have made it difficult for the internet to have only one internet law to guide the industry. Ultimately other countries are now free to set their own guidelines and will not have to abide by ICANN's dispute rules (UDRP) or its Whois decisions (what and how much information about a domain name owner is displayed for public consumption). Read more
Read more about the WLS and it's threat to the consumer.
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Domain Justice Coalition Files Lawsuit Against ICANN
The Domain Justice Coalition filed a lawsuit against ICANN on July 15, 2003; Seek temporary restraining order on WLS. Read more
Learn More about the Domain Justice Coalition
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Pool.com Sues ICANN
Ottawa-based domain name registrar Pool.com has launched a suit against ICANN, claiming its practices are monopolistic. Read more
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