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ICANN President: Brands Aren't Taking Domains Seriously Enough

eCommerce Times reports on comments from the president of internet registration body ICANN indicating he thinks companies are being careless about their domains. He cited an example of huge software company that found itself denied its normal hundreds of thousands of dollars a day from its e-commerce engine when its "adventurous" domain registrar put up a porn site at the address when the company failed to initially renew the domain. The registrar - one of hundreds of new and, according to the ICANN official potentially less reliable, domain companies - had failed to honor the requisite grace period given to such forgetful firms. In another interesting comment, the president likened the domain registration fee as a sort of real estate tax on the internet.

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