Mon, Jul 16th 2007 9:06pm
Domain name speculation has been hot for a long time, but lately, it seems, a number of companies are trying to build businesses on the backs of their domain names alone. Today, Answers.com announced the purchase of Lexico, which is the owner of sites like Dictionary.com and Thesaurus.com. The company says that the tie up will make it a leader in "online information publishing", but this is just generic corporate puffery, intended to mask the fact that the real value here is the domain names. Meanwhile, Answers.com itself, despite its relationship with Google, is not doing particularly well. It has warned of weak earnings due to "more pronounced seasonality", which again, sounds very much like meaningless corporate-speak.
If you liked this post, you may also be interested in...
- WIPO Gives EFF Control Over Bogus Domain Used To Distribute Keyloggers And Other Malware
- Motion Picture Academy's Five-Year Quest To Make GoDaddy Pay For 'Infringing' Websites Ends In A Loss
- Walmart Not Horsing Around With Parody Domain Site
- 5,000 Domains Seized Based On Sealed Court Filing; Confused Domain Owners Have No Idea Why
- Big Pharma Given Control Of New .pharmacy Domain; Only Available To 'Legitimate' Online Pharmacies