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VeriSign Swings to Profit in Q3, Domain Name Base up 6%

November 5, 2009domain registry, Domain Services, Domaining, Domainnamewire, VeriSignComments Off on VeriSign Swings to Profit in Q3, Domain Name Base up 6%

VeriSign reports earnings and domain growth.

VeriSign, which manages the registry for .com and .net domain names, reported a profitable third quarter. The company earned $53.6 million in the quarter, compared to a loss of $201.1 million in the same quarter in 2008.

VeriSign has divested a number of businesses lately, and is focusing on its core businesses, which includes domain registry. At the end of the quarter VeriSign had 94.9 million domains registered in the domain base for .com and .net, which is most of the company’s registry business.

The company has what amounts to a monopoly on .com and .net domain registrations, although a lawsuit challenging that monopoly is working its way through the courts.

VeriSign opted not to raise rates on .com and .net domain names this year. This is the first year in its current contract with ICANN that it has not levied the maximum increase of 7% on .com and 10% on .net. This is likely due to political pressures more than the stagnating economy.


© DomainNameWire.com 2009.

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No Wildcarding for New Top Level Domain Names

October 5, 2009dns wildcard, domain registry, Domaining, Domainnamewire, icann, Policy & LawComments Off on No Wildcarding for New Top Level Domain Names

ICANN says ‘no’ to wildcards.

Registries that are awarded new top level domain names will be prohibited from wildcarding unregistered domains, based on the latest version of ICANN’s applicant guidebook.

The new registration agreement reads:

For domain names which are either not registered by a registrant, or the registrant has not supplied valid records such as NS records for listing in the DNS zone file, or their status does not allow them to be published in the DNS, the use of DNS wildcard Resource Records as described in RFC 4592 or any other method or technology for synthesizing DNS Resources Records or using redirection within the DNS by the Registry is prohibited. When queried for such domain names the authoritative name servers must return a “Name Error” response (also known as NXDOMAIN), RCODE 3 as described in RFC 1035 and related RFCs. This provision applies for all DNS zone files at all levels in the DNS tree for which the Registry Operator (or an affiliate engaged in providing Registration Services) maintains data, arranges for such maintenance, or derives revenue from such maintenance.

.Com registry VeriSign created a wildcard several years ago, dubbed SiteFinder, that automatically showed ads to internet users who typed in non-existent domain names.

Although registries will be prohibited from wildcarding, they can register domains in their TLD and do with them as they please. All that’s required is that they register the domains through an ICANN-accredited registrar (which they may own) and pay the associated ICANN fees for each registration.


© DomainNameWire.com 2009.

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