Bankrate, Inc. announced on June 24 they will acquire CreditCards.com and NetQuote for a combined $350 million. This is a monster deal (and not a domain sale for you blokes who think every company sold with a .com is a domain sale).

According to compete these 2 sites have over 2,000,000 unique visitors a month in the lucrative financial and insurance industries.

The breakdown was:

$205 million for NetQuote

$145 million for CreditCards.com

So – you still want to park your domains?

There is lots of money around if you build. Maybe not $350 million but surely a few if you do it right. This news is a month old – from June 24th – and I totally missed this being reported anywhere. Congrats!

Personally I think creditcards.com is worth a lot more than $145 million

Source: NewFoundNames



Internet Corporation for Assigned Names and Numbers (ICANN) has warned four domain name registrars that they are in breach of the terms of their accreditation agreement, and has given them 15 working days to cure the breaches.

Three of the registrars are in breach of the agreement for failure to escrow domain name whois information as required by section 3.6 of the Registrar Accreditation Agreement. Western United Domains, Inc., Mobiline USA d.b.a. DomainBonus.com, and DropNation.com were all given 15 working days to begin escrowing data or face termination.

Registrar Alantron BLTD was cited for failing to provide public access to whois information on its domain names. ICANN has notified Alantron twice within the past 30 days of the unavailability of its whois database.

Of the four registrars, only Alantron appears to have more than 1,000 domain names registered. According to RegistrarSt

Source: Phwinfo.com