Tag Archives: Web.com

Fri 12th February 2016
Written by The Domains in EN and tagged
Web.com Buying Local Ad Co. Yodle for $342M Which Is About 40% of Its Market Cap - Web.com (NASDAQ:WEB) announced today it’s acquiring Yodle, a provider of local online ad/marketing services for 50K+ small businesses, for $300M in cash up-front + payments of $20M and $22M at the first and second anniversaries of the deal’s closing date. Web.com closed today with an $826M market cap. At a $342 Million dollar purchase price that represents over 40% of its market cap although like many stocks, the company is trading close to its 52 week low of $15.71 with a 52 week high of $26.04 Web.com ... read more ...
Mon 9th November 2015
Written by DomainNameWire in EN and tagged
Web.com changing ticker pitch from WWWW to WEB - 10 years after listing, Web.com gets matching ticker symbol. Web.com is ringing the closing bell on the NASDAQ today to celebrate its 10 year listing anniversary. The company is also making a big change to its stock — its changing its ticker symbol from WWWW to WEB. The symbol change will be effective tomorrow morning. While Web.com isn’t a household name to many in the domain name investing community, you’ve probably used its products and services. The company acquired SnapNames last year ... read more ...
Fri 30th October 2015
Written by DomainNameWire in EN and tagged
Web.com: New TLDs are not relocating a needle - Contribution from new top level domain names isn’t significant, CEO says. Web.com CEO David Brown was asked about new top level domain names on yesterday’s investor conference call. Brown said the company isn’t doing “back flips” over the results, and says it’s not moving the needle for the firm. He suspects new domains aren’t moving the needle for competitors, as well. Here’s what he said: So in the gTLD space, that continues to be positive, but we’re not doing back flips here. ... read more ...
Wed 14th October 2015
Written by DomainNameWire in EN and tagged
What's inside 1 Month of Network Solutions emails? - What is Network Solutions pitching to its customers in all of that email? Here’s the answer. Anyone who has registered a domain name with Web.com registrars Network Solutions and Register.com know that the company sends lots of promotional emails. How many? One per business day. Now, I know a lot of retailers send daily promotional emails to customers. But I’m not aware of other registrars that do this. If nothing else, it shows there’s not much more juice the company can ring out of customers ... read more ...
Fri 11th September 2015
Written by The Domains in EN and tagged
Veo.com Purchased By TD Ameritrade For $36K on NameJet.com Auction - Three letter domain name Veo.com has been acquired by TD Ameritrade, a domain name that was recently owned by New Ventures Services Corp according to whois records, prior to it selling for $36,100 on Namejet.com A company by the name of Veo International owned the domain name dating back to 2005 according to whois records and the past owner allegedly claims that he had his account “frozen from 2008 when i try to renewal i can’t, they tell me for reason security i do not know why, i try more time ... read more ...
Wed 2nd September 2015
Written by DomainNameWire in EN and tagged
Web.com: Verisign did a "blatant bait-and-switch" - Company doesn’t want to provide accounting information to Verisign. Web.com is fighting back against a Verisign request for more information about how the registrar accounted for .xyz domain name registrations. Verisign is suing .XYZ for false advertising after .XYZ boasted about its registration volume — which Verisign alleges was inflated by a Network Solutions giveaway. Web.com owns Network Solutions, which gave away hundreds of thousands of .xyz domain names to its customers. At issue appears ... read more ...
Wed 19th August 2015
Written by DomainNameWire in EN and tagged
Verisign presses Network Solutions for sum on .XYZ registrations - Company files motion to compel Network Solutions’ parent company to provide a witness. Verisign has filed a motion (pdf) in a Florida court to compel Web.com, parent company of Network Solutions, to provide a witness to testify about how the registrar accounted for free .xyz domain names. Network Solutions gave away perhaps hundreds of thousands of .xyz domain names last year. They weren’t just offered for free; They were placed in customer accounts on an opt-out basis. Verisign is suing .XYZ ... read more ...
 
Written by DomainNameWire in EN and tagged
Web.com shares dump 12% on information crack news - Shares plummet after credit card information is stolen. It’s a down start to the day for stock markets in general, but domain name and hosting company Web.com (NASDAQ: WWWW) is having a particularly bad day. Shares are trading down about $3.00 to $20.81 at the time of writing. That’s about a 12% drop. The move appears to be in response to the company’s announcement yesterday of a data breach. The company says credit card details on up to 93,000 cards might have been stolen last week. There’s ... read more ...
Tue 18th August 2015
Written by DomainNameWire in EN and tagged
Web.com breached, 93k credit label sum competence be compromised - Large domain name registrar discloses security breach. Web.com announced today that a security breach might have disclosed credit card information of 93,000 of its customers. The company owns Network Solutions and Register.com. Although most domain name investors use lower-cost registrars, many have accounts with these registrars for expired domain names. The registrars don’t necessarily have your credit card information, though, as domains won at NameJet are paid through NameJet. Update: See FAQs ... read more ...
Mon 4th May 2015
Written by DomainNameWire in EN and tagged
New TLDs (.XYZ?) boost Web.com's bookings - “Very aggressive” new TLD promotions paying off for Web.com. Many in the domain name community blasted Web.com and .xyz for the hundreds of thousands of free domain names Web.com gave away last year through Network Solutions. Was it, perhaps, a brilliant business move? Web.com reported a bookings boost this past quarter, and the company says this is due to higher-than-expected renewal rates on new TLDs. Here’s Web.com CEO David Brown on last week’s conference call: Yes, I want to be very ... read more ...
Tue 31st March 2015
Written by The Domains in EN and tagged
Motley Fool Ponders if Go Daddy is Cheap - Alex Dumortier on Motley Fool took a look at the Go Daddy IPO and honed in on the history of operating losses and whether or not the stock is cheap based on projections. From the article: We have a history of operating losses and may not be able to achieve profitability in the future. That is one of the prominent risk factors that greets prospective investors in GoDaddy’s most recent prospectus. On a GAAP [generally accepted accounting principles] basis, GoDaddy has lost $622 million cumulatively ... read more ...
Fri 20th February 2015
Written by DomainNameWire in EN and tagged
So we got a call from Register.com this week… - Registrar called about a renewal, and it was strange. If you have any domain names at a Web.com registrar (Register.com and Network Solutions), you know the company is big on marketing to its customer base. You literally get one email every day from the company, promoting everything from search engine optimization to Facebook pages. Most of them end up in your spam folder. This week I got a call from Register.com that was helpful in one way, but disconcerting in another. I won a domain name in a ... read more ...
Mon 9th February 2015
Written by DomainNameWire in EN and tagged
Web.com strikes understanding with investors, Rightside extends understanding with NameCheap - Web.com and Rightside reveal deals. Here’s some news about two publicly traded domain name companies. Web.com has struck a deal with Okumus Fund Management, which owns about 15% of the company’s shares, to add two new members to the board of directors. John Giuliani, the former CEO of Conversant and Rick Rudman, the former CEO of Vocus will join the board. Shares in Web.com (NASDAQ: WWWW) are down about 2% today, slightly above their 52 week low. In other news, competitor Rightside (NASDAQ: NAME) ... read more ...
Sun 8th February 2015
Written by The Domains in EN and tagged
Report: Web.com Largest Shareholder Could Be Activist & Shake Up The Board - According to TheFly.com FBR Capital says Okumus Fund Management, Web.com’s (WWWW) largest shareholder, could potentially take a more activist stance going forward. “FBR added that it would not be surprised if announcements were made soon, potentially including a change in the board composition, a review of the company’s operations, accelerating share buyback activity, or the exploration of strategic alternatives. FBR Co. (Nasdaq:FBRC) provides investment banking, merger and acquisition advisory, ... read more ...
Wed 12th November 2014
Written by DomainNameWire in EN and tagged
Major Chinese transport sites Ctrip.com and eLong.com go down due to domain change [updated] - Domains stop resolving after placed in clienthold status. The websites for two major publicly traded Chinese travel sites went down today as a result of their domain names being place in “ClientHold” status at the registrar. Sites for $8 billion (market cap) Ctrip.com (NASDAQ: CTRP) and $0.6 billion eLong.com both were unavailable this morning United States time. Both domain names were placed on “clienthold”, a status that tells the registry to not activate ... read more ...
Mon 10th November 2014
Written by DomainNameWire in EN and tagged
Web.com sued for telemarketing calls - Plaintiff complains about multiple telemarketing calls. A California resident has sued Web.com, claiming the company called her cell phone multiple times in violation of the Telephone Consumer Protection Act. The lawsuit seeks class action status. Web.com disclosed the lawsuit in its most recent quarterly filing: On October 31, 2014, a putative class action was filed in U.S. District Court for the Southern District of California (Tammy Hussin, et al. v. Web.com Group, ... read more ...
Thu 6th November 2014
Written by The Domains in EN and tagged
Will Web.com Hurt Godaddy’s IPO? - Web.com in reporting its earnings earlier today had a few comments on its earnings call that should be of concern to all domain name regisrtrars: CEO David L. Brown noted “the increased availability of [domain] names has had a near-term negative impact on domain-related revenue,” primarily related to “non-core domain-related revenue such as sales of premium domain names and bulk domain sales.” Non-domain businesses (do-it-yourself websites, hosting, etc.) have been hurt by the “unintended ... read more ...
 
Written by DomainNameWire in EN and tagged
Web.com says new TLDs spiteful .com resales - Company lowers guidance on weaker demand from its domain portfolio. Web.com (NASDAQ: WWWW) reported earnings yesterday and lowered its guidance for the fourth quarter. One of the reasons for lowering the guidance is that the new supply of TLDs is causing domain investors to dial back large purchases of existing domain names. In prepared remarks, Web.com CEO David Brown said: First, in the domain business, while we continue to expect the recently expanded top-level ... read more ...
Wed 1st October 2014
Written by The Domains in EN and tagged
Google Entering a Domain Business May Have Less of an Impact on Web.com - Summary Web.com’s stock has declined 36.4% year to date. The decline is being driven by lower revenue guidance and Google announcing their entrance into the domain industry. Google will have an impact on the domain industry but the impact won’t be as significant as investors are anticipating. Additionally, Web.com may actually benefit from Google’s presents. Even if Google doesn’t help Web.com, Web.com has been able to perform well in a very competitive market environment. Over the last ... read more ...
Fri 1st August 2014
Written by The Domains in EN and tagged
Network Solutions Parent Web.com Down 25 % Today & Close To 40% From June - Web.com (WWWW) is down big today after missing their revenue numbers for the second quarter. As of publication with about 40 minutes of trading left, Shares of Web.com are trading at $20 even down 6.55 after hitting an intraday, 52 week low of $19.37. Web.com acquired Snapnames back in May, and they own two of  the top ten  domain registrars Register.com and Network Solutions. The stock was $34.60 back in June when Google announced they would be getting into the business of selling domains. The ... read more ...
Thu 31st July 2014
Written by DomainNameWire in EN and tagged
Web.com misses income target, acquires UK online office company - Web.com’s Q2 revenue numbers don’t hit company’s target. Web.com, which owns Network Solutions, Register.com and SnapNames, released earnings after the bell today. GAAP revenue for the second quarter was $138.2 million. Adjusted revenue was $144.7 million. Although that’s up 10% year-over-year, it’s below the company’s guidance range of $146.0 million to $147.5 million. The company added 38,500 subscribers last quarter. The earnings press release does ... read more ...
Tue 24th June 2014
Written by DomainNameWire in EN and tagged
Web.com and Endurance shares pummeled in arise of Google’s registrar play - Web.com and Endurance get hit in wake of Google registrar announcement. Some publicly traded domain name registrars have seen their stock prices hammered this morning after Google announced its entry into the retail registrar market yesterday. Shares of Web.com (WWWW) are down about 18% with at least one analyst lowering its outlook for the stock due to Google’s move. Endurance International (EIGI), which is generally considered the second largest domain name registrar ... read more ...
Fri 2nd May 2014
Written by DomainNameWire in EN and tagged
Web.com paid $7.4 million for SnapNames - Web.com paid $7.4 million for SnapNames and hopes for a revenue contribution of $5 million this year. Web.com paid $7.4 million cash to acquire SnapNames from KeyDrive, the company revealed on its investor conference call yesterday. The company described it as a “small tuck-in acquisition” at a financially attractive price. Web.com expects SnapNames to generate about $5 million in revenue for its period of ownership in 2014. The acquisition became public on March ... read more ...
Sun 27th April 2014
Written by The Domains in EN and tagged
USA Today Interviews Web.com CEO - Steve Strauss did an interview with the CEO of WEB.com, David Brown on USA Today. The article did not mention domains specifically but more of a focus on small business. This is now the focus of the some of the bigger companies out there in the space. Since Blake Irving has taken over at Go Daddy his focus has been squarely on small business. No more ads with provocative clothing or language, but rather a focus on how Go Daddy can be a one stop shop for small businesses online and for those looking ... read more ...
Tue 22nd April 2014
Written by DomainNameWire in EN and tagged
Network Solutions patents domain purchasing system - Patent for domain purchasing system granted ten years after application was filed. Network Solutions, now part of Web.com, has received a patent for its Certified Offer service…ten years after applying for it. Network Solutions applied for the patent titled “Certified Offer Service for Domain Names” back in 2004. It was rejected multiple times, but the company successfully amended and appealed. The service lets customers make an offer on a domain name that is ... read more ...