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The Lowdown
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Feb. 5, 2009 Post
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Here's the The
Lowdown from DNJournal.com! Updated
daily to fill you in on the latest buzz going
around the domain name industry!
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Compiled
by Ron Jackson
(DN Journal Editor/Publisher) |
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Aside
from Sedo's new $1.76
million sale of Fly.com, high end
domain sales have been few and far between in recent
months. That could change soon if creditors OK the high
bids placed in a bankruptcy auction held in Wilmington,
Delaware yesterday. Domain assets of The
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Parent Company, who
operated eToys.com and several other online
retail operations before going broke in December, were
put on the block. Ben Padnos of DONE!
Ventures, LLC (who I had the pleasure of
meeting last week at DOMAINfest Global in Hollywood,
California) was among the bidders and he dropped me
a note about the event today.
Ben's company wound up
winning a three-name lot including Birthdays.com,
Pinata.com and eParties.com for $200,000.
That was one of the five highest sales of the day in
what Padnos called "a wild 16-hour event." |
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The highest
ticket was $2.15 million for a lot that included eToys.com, ePregnancy.com
and BabyUniverse.com among others assets including
trademarks and customer lists. The single
best buy may have been Toys.com, picked up by
Faculty Lounge for $1.25 million. In another
good buy, Domain Equity claimed Hobbies.com
and iToys.com for $102,000, however none
of the bidders owns anything yet. They have to wait to
see if The Parent Company's creditors sign off on the
sales. In the current economic environment I would have
to think the bidder's chances are pretty good because
there are not a lot of other options out there.
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In another
indication that a security breach we told
you about yesterday
(involving the email addresses and passwords
of some NameDrive customers) could be a
real threat came today when Sedo sent an
advisory email to their customers.
Sedo wrote "We
have been informed that due to a security
problem at one of our competitors a list of
their customer data including plaintext
passwords is currently circulating on the web
including relevant hacker forums. Our Security
and Compliance Team has found several of our own
customers matching the publicly available list.
Due to the seriousness of this matter combined
with the |
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possibility that you might be using the same
login data/password at more than one parking
company, we strongly suggest you to change
your password at Sedo."
That advice would
go for your passwords at other websites if you
were using your NameDrive password at other
sites as well. With so many bad actors on the
Internet stage it is a good idea to get into the
habit of using a different log in ID and
password at each of the various sites you
frequent, so if someone gets hold of one
combination they won't be able to use it to
access your accounts at other sites (or your
email accounts which are expecially important to
safeguard). |
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(Posted
Feb.
5, 2009) |
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