Archive for May, 2010

Record domain name sales in Q1 of 2010

Wednesday, May 26th, 2010

A Sedo domain market study has confirmed a record sale of domain names in this year’s first quarter, in which close to 12 000 domain names were sold via the Sedo marketplace. These sales take the record for the highest selling quarter with an 18.6 percent increase from Q4 of 2009.

The Sedo study has indicated a swell in generic (gTLDs) and country code Top Lop Level Domains (ccTLDs). Sedo believes that the growth in the domain name market over the last quarter is due to an increase in market spending among larger corporations and the introduction of one and two-character domains and IDN domains that use a non-Roman script.

Closer to home, secondary domain markets have developed in the .au space with both Drop.com.au and Netfleet.com.au leading the way in sales which are achieving record prices. Drop.com.au shows domain sales as high as $18,000 for carparts.com.au while Netfleet achieved $6000 for graphicdesign.com.au.

Sedo is expecting a rise in sales to continue over 2010 as it believes that companies are starting to understand the critical role a domain name strategy plays in driving a successful marketing campaign.  Many large companies are investing heavily in branding and domain name sales. The study also highlights the importance for trademark owners to get in quickly and take action to protect brands.

Cooper Mills Director and Technology Lawyer Erhan Karabardak believes that the market will continue to grow and achieve higher prices, he says that:

With the end of the Global Financial Crisis, marketing budgets are increasing and companies are becoming more active with their online sales and marketing strategies which are key in the increasingly competitive market place.

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Non latin domain names make debut

Wednesday, May 12th, 2010

ICANN has announced that domain names will now appear in Arabic Script, as part of the move to non-latin domain names.

Since November of last year ICANN has received 21 requests for top-level domains (TLDs) through its Fast Track Process, representing 11 different languages, however ICANN has chosen Arabic as the first Non- Latin script as it is one of the most widely-used on the internet today. Other non latin language requests have come from China, India and Russia to name a few.

Egypt, Saudi Arabia and the United Arab Emirates have been chosen as the first three regions that will be able to use country-code specific TLDs. Addresses for regional domain names in these countries can be found by using native language characters. Egypt has been the first to create a domain name using Arabic characters. The domain name .misr, which is the Arabic word for Egypt, will be spelled out in Arabic script.

ICANN expects that the introduction of domain names in Arabic script will make a surge in the number of internet users in the Arab speaking world and will enable Internet services to penetrate into new market segments by eliminating language barriers.

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ACMA determination on premium SMS restrictions

Wednesday, May 5th, 2010

Consumers will have the choice of barring all premium SMS from their mobile phones as of 1 July 2010, with the latest package of measures announced by the ACMA.

The ACMA has said that the package has been created so that “…mobile users can feel confident they will only receive and pay for services they actually want”.

In a meeting with senior representatives of mobile phone companies the ACMA will discuss the possibility of the introduction of a service where consumers can request quick and easy barring via SMS.

Complaints to the Telecommunications Industry Ombudsman regarding premium SMS services have decreased by an astonishing rate of 50% following measures introduced by ACMA last year. As the ACMA is hoping that this trend will continue, it will be closely monitoring the industry over the next 12 months to ensure that consumer concerns are adequately being dealt with.

Recent enforceable undertakings that the ACMA has accepted from Funmobile Australia Pty Limited, which included a payment of $55 000, emphasize the ACMA’s commitment to pursuing telcos which repeatedly operate in breach of the law.

Industry has welcomed the new package as a further reinforcement of the existing suite of consumer protection measures included in the Communications Alliance Mobile Premium Services Industry Code C637:2009.

Despite both consumers and industry receiving the package with a warm welcome, the telcos will be hit hard. In a quote published by Computer World, Warren Chaisatien, research director and principle analyst at Telstyle, says that although the rule will aid consumers who have unintentionally signed up to a premium services, it is likely to have a negative impact on telco revenues as the premium SMS market was worth approximately $250 million in 2009.

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Australia gets tough on cybercrime

Tuesday, May 4th, 2010

Australia will strengthen its stance on cybercrime by signing the Council of Europe Convention on Cybercrime.

The move will see Australia join the European Union (EU), the United States, Canada, Japan and South Africa. The EU is pushing for the convention to become an international standard. Twenty-seven countries have so far signed the convention, however, more than 100 are using it to reform domestic laws.

Key points of the convention include:

  • Countries will have a representative available 24 hours a day to assist in investigations and create domestic laws.
  • The promise of greater international cooperation in fighting cybercrime.
  • The charting of criminal offences (offences against the confidentiality, integrity and availability of computer data and systems; computer-related offences including forgery and fraud; content-related offences, including child pornography; and offences related to the infringement of copyright and other related rights).

Australia’s signing of the Council of Europe Convention on Cybercrime follows our involvement in negotiations for the controversial Anti-Counterfeiting Trade Agreement and several national cybercrime attacks involving Federal Government websites and sites of major corporations. Signing the convention is one of many initiatives Australia is making to reduce our exposure to cybercrime and other potential cyber risks.

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Posted in General, IT Law, Privacy, Spam, Uncategorized | No Comments »