All the latest UK technology news, reviews and analysis


Verisign agrees to freeze price on .com domains

30 Nov 2012
VeriSign logo

The US government has struck a deal with Verisign which will freeze the price of new .com domains for at least six more years.

The US Department of Commerce said that the price cap will come as part of an extended contract which gives Verisign control over the .com top level domain. The deal, which had been set to expire at the end of November, will now run through 30 November 2018.

Under the deal, users will be able to purchase new domains at a cost of $7.85. Verisign will not be allowed to raise the price over the duration of the contract.

"I'm pleased the Department of Commerce was able to find that renewal of the agreement is in the public interest," said US assistant secretary of commers for communications and information Lawrence E. Strickling.

"Consumers will benefit from Verisign's removal of the automatic price increases. At the same time, the agreement protects the security and stability of the internet by allowing Verisign to take cost-based price increases where justified."

The extension stabilises the future of the .com domain as ICANN is set to begin the rollout of the new generic top-level domain (gTLD) programme. The company is currently in the process of examining applications for the gTLDs and weighing concerns from government bodies over certain applications.

The rocky road for the gTLDs has included delays from system failures and a conflict-of-interest situation which lead to the departure of Icann's CSO.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Shaun Nichols
About

Shaun Nichols is the US correspondent for V3.co.uk. He has been with the company since 2006, originally joining as a news intern at the site's San Francisco offices.

More on Strategy
What do you think?
blog comments powered by Disqus
Poll

BYOD vs CYOD vs BYOC poll

Which approach is your firm taking to managing employees' mobile devices?
20%
14%
4%
20%
30%
12%

Popular Threads

Powered by Disqus
Galaxy S5 vs Xperia Z2 home screen

Xperia Z2 vs Galaxy S5

We break down the strengths and weaknesses of the two Android heavyweights

Updating your subscription status Loading
Newsletters

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button
hpv33

Data protection: the key challenges

Deduplication is a foundational technology for efficient backup and recovery

rdc2

iPad makes its mark in the enterprise

The iPad can become a supercharged unified communications endpoint, allowing users to enhance their productivity

Software Development Engineer

Develop: Customise: Configure. Maximise your technical...

Web Manager

Web Manager Location: Corston, near Bath and Bristol...

IT Help Desk Analyst / Technician

Nviron Ltd requires an IT Help Desk Analyst / Technician...

1st/2nd line Service Desk Engineer

Main purpose of the role: Providing both onsite and...
To send to more than one email address, simply separate each address with a comma.