VeriSign dealt another legal blow in ICANN suit
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VeriSign Inc. lost another round in its battle against the Internet Corporation for Assigned Names and Numbers (ICANN) on Thursday when a U.S. federal judge dismissed the company's antitrust claims, filed in an amended complaint.
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Stock options again The Verisign board has decided to restate more than four years worth of financial reports after an internal review found stock options may have made them unreliable.â¦
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VeriSign is asking a California court to order the Internet Corporation for Assigned Names and Numbers to butt out of its business.
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A company that sells Internet domain names is facing criticisms for holding some in reserve as a consumer-protection measure, a move that also prevents interested parties from shopping around for better prices.
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New York-based Internet service provider Panix is working to recover from an apparent domain-name hijacking.
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(InfoWorld) - VeriSign, a vendor of cybersecurity products and operator of the .com and .net top-level domains, has replaced CEO Stratton Sclavos with a member of its board of directors. William Roper Jr., a former executive vice president and chief financial officer at Science Applications International, will take over as VeriSign's president and CEO, the company said in a press release. Roper has served on the company's board of directors since November 2003. Roper also worked at Network Solutions, a domain name registrar, from 1995 to 2000. Sclavos, one of VeriSign's first employees, served as the company's president, chairman, and CEO before his resignation. The board also elected Edward Mueller chairman. Mueller, who joined VeriSign's board in March 2005, is the former CEO of Williams-Sonoma, a specialty retailer. The company is in the midst of restructuring, and Roper said in a statement he was pleased with the progress so far. VeriSign also reported that a review of the company's historical stock option grant practices by members of its board of directors is substantially completed. The review did not find intentional wrongdoing by any current member of senior management, including Sclavos, the company said. VeriSign, in November, announced it would have to restate as much as $250 million in earnings between 2001 and 2006 due to administrative mistakes. A VeriSign spokeswoman declined to talk about the reason for Sclavos' departure. "It definitely was not related" to the stock options probe, she said. Sclavos, who has worked at VeriSign for 12 years, said in a statement that he was "proud of my role in building VeriSign into the great company it has become." VeriSign's 2007 analyst day, previously scheduled for June 6 at VeriSign's corporate headquarters in Mountain View, Calif., has been postponed.
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For the first time in two years, the guarantor of internet privacy abruptly terminates a company's right to display the TRUSTe seal -- without saying why. Privacy advocates say consumers deserve details.
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An ICANN working group couldn't agree on proposals to limit public access to data about Web site owners, which was a relief to companies that use the WHOIS database to track phishers and other online miscreants.
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As CFO resigns VeriSign's chief financial officer resigned last week as the digital certificates firm announced it would take a $160m hit to cover mishandled stock option grants.â¦
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In preparation for the capacity of the entire Internet to double to 1.8 billion users in just three years' time, VeriSign -- which manages the registry for the .com and .net top-level domain names, as well as the root servers for the entire domain name system -- announced this morning it will commit three years' worth of humanpower and $100 million in resources to the overhaul and expansion of DNS.
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A US District Court Judge has dismissed the anti-trust and conspiracy claims made by the .com and .net registry, VeriSign, against the Internet Corporation for Assigned Names &amp; Numbers (ICANN).
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Vonage takes another blow when a Virginia jury found the IP telephony provider infringed on three Verizon patents.
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VeriSign (Quote, Chart) has come out on the losing end in its breach of contract and antitrust lawsuit against the Internet Corporation for Assigned Names and Numbers (ICANN).
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Internet management groups seeks comment on dealing with domain registrars after recent RegisterFly debacle.
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Microsoft has sued domain name registrar Red Register claiming that it is illegally profiting from Microsoft&#39;s trademarks.In a lawsuit filed in Seattle earlier this month Microsoft alleges that Red Register snatched up 125 domain names, all &quot;confusingly similar to Microsoft&#39;s Marks&quot; in order to profit from Web advertising, a practice known as typosquatting and cybersquatting.Web surfers may be tricked into clicking on ads on these sites &quot;because the person finds it easier to click on the advertisement or hyperlink than to continue searching for the Microsoft site, or because the person mistakenly believes Microsoft has authorized or endorsed the advertisements,&quot; the filings state.Typosquatting is the practice of registering domain names that contain misspellings of trademark terms. Cybersquatting is the registration of a variant of trademark.Red Register owns domains such as windowslivecare.com, msnmesnger.com, and ageofmathology.com, Microsoft said in court filings.Microsoft is seeking to take control of the Red Register domains and is asking for the court to fine the company for unspecified damages. The lawsuit was filed Dec. 4 in King County Superior Court in Seattle.Although the domains are now registered to a Tortola, Virgin Islands, company named Versata Software, they were previously registered to Red Register and Microsoft believes the current Versata registration information to be false, the filings state.Domain registrars historically made money by registering domain names to third parties, but that has changed as it has become easier to get into the domain name game. Now many registrars have begun to amass portfolios of domains themselves, or even temporarily registering domains and then dropping them before they are required to pay any fees, a practice called &quot;domain tasting,&quot; said Karl Kronenberger, a partner with Kronenberger Burgoyne LLP, a law firm specializing in Internet disputes.Some companies have even set up several domain name registrars and they pass their domain names from one to the other without ever having to pay fees. This is possible, because domains can be held for three days before any fees are due, Kronenberger said.Registrars must be accredited by the Internet Corporation for Assigned Names and Numbers (ICANN), the group that oversees the Internet&#39;s domain name system, but once that has happened they can get better access to the database of domain names. Companies like Microsoft and Google have become accredited registrars for this reason.There are presently more than 1,000 registrars worldwide, according to Kronenberger. &quot;It costs US$8,000 per year to maintain your existence as a registrar,&quot; he said. &quot;once you pay that, you can register domains very cheaply.&quot;Some registrars have amassed valuable portfolios without running afoul of trademark law, but Microsoft&#39;s Red Register lawsuit is not unprecedented. In October, Yahoo filed a similar lawsuit against Belgium Domains . One month later another lawsuit was filed against Belgium Domains, this time by Dell.Kronenberger said the Microsoft lawsuit &quot;seems to be a pretty straightforward case of a registrar registering large batches of domains containing trademarks.&quot;Microsoft has filed at least five other similar lawsuits in recent years. In March it announced that reached a $2 million settlement against Jason Cox of New Mexico and Newtonarch LLC. It also announced a $1 million settlement in a similar suit against Partner IV Holdings.Microsoft and Red Register did not immediately return e-mail seeking comment for this story.&#160;
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ICANN is considering keeping the annual fee it charges registries for a registered domain name, even if the domain name is forfeited during the grace period.
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