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.EU domains will get a price reduction as of Jan ‘07

From of Jan 2007, .eu domain will have 5 - 10 euro price reduction. . Apparently this is to cover both registration and renewal. EURid lowers the registration and renewal fee for .eu domain names from 10 to 5 euro.

EURid, the registry for .eu domain names, has decided to lower the fees associated with owning a .eu domain name. As of January 1st 2007, the price for registering a domain name and the annual renewal fee will be 5 euro as opposed to today’s 10 euro.

This substantial reduction is possible thanks to the huge interest in .eu and the high number of registrations. Note that this fee, set by EURid, is charged to the accredited .eu registrars and that they in turn set the prices for their customers. Many registrars bundle their services also to include web hosting and email packages, for instance. However, EURid is convinced that the price reduction will be carried forward and that end users will also benefit from reduced registration and renewal rates, given the competition between registrars.

“EURid is now following up on its promise to reduce the fees after one year of operation. We hope this will stimulate more users to see the advantage of having a true European Internet presence by choosing a .eu domain name,” says Marc Van Wesemael, managing Director of EURid.

December 1st | Articles | Comments (0) |

Internet gambling ban added to U.S. port security bill

WASHINGTON (Reuters) - Congress was pushing on Friday to finish legislation that would boost security at U.S. ports, but at the last minute lawmakers added provisions to prohibit Internet gambling.

Rushing to finish their work by the weekend to go home and campaign for elections in which control of Congress is at stake, lawmakers were linking up unrelated measures in an effort to get them approved.

The House passed an Internet gambling ban earlier this summer, but the bill had difficulty moving in the Senate. However it was a priority of Senate Republican Leader Bill Frist of Tennessee, and attaching it to the popular port security bill appeared aimed at insuring its passage.

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September 29th | Articles, Legal Issues | Comments (0) |

EU Launch today

The EU registry opens to the public today at 11am CET . There has been a uge buzz lately on .eu domains and sunrise period. Lets see how it shows now on the market…

April 6th | Articles, Domain Names | Comments (0) |

A brief about the Verisign .COM money scam

Stumbled upon a interesting article by BobParsons.com. Highlighting the main points in the domain industry and how it works, the article explains a big scam by Verisign.

….. there are about 48 million .COM domain names. Using historical and current growth rates we expect the .COM registry to exceed 60 million names at the end of 2006. At the current rate of $6.00 per name (this is what all registrars are charged – registrars in turn either discount or mark up this price to arrive at what the registrant is charged) VeriSign will take in $360 million dollars to operate the .COM registry this year……

……That increases VeriSign’s annual cash take from $360 to $450 million dollars………

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March 1st | Articles, Legal Issues, Domain Names | Comments (1) |

Legal Issues for starting an E-Commerce Business

Legal Issues for starting a E-Commerce Business

Like any other business, there are important legal to consider while doing a business on the web. If you think there is risk running your business you should take necessary actions to prevent any loss, especially if you are making a huge revenue. Everything in life has risks, your business is no exception. you can either choose to get the big money in small period or keep running the biz with law happy.

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November 25th | Articles, Legal Issues | Comments (0) |

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