Yahoo buys popular texting term.
Yahoo (YHOO) has purchased the domain name OMG.com for $80,000.
OMG.com, which commonly stands for “Oh My God” in shorthand and texting, does not currently resolve to a web site. As readers point out in the comments below, Yahoo has a popular celebrity gossip web site at omg.yahoo.com.
Yahoo is not only a domain buyer, but it also sells some of the domain names it doesn’t need. In June it sold the domain name Contests.com for $380,000 at a domain name auction in Washington, D.C. It appears the domain was acquired when Yahoo bought Broadcast.com, which owned the domain name. National A-1 Advertising bought the domain name at the auction.
This week the domain LMK.com, which stands for “Let Me Know” in shorthand, sold for $58,500. It’s unclear who the buyer is, as the domain hasn’t fully finished transferring.