April 23, 2012
By Sharon Hill
Internet Corporation for Assigned Names and Numbers (ICANN), the organization responsible for managing URLS and assigning top level domains, has had to take offline its electronic TLD application system. The deadline for dot-MLS and other TLD applications was first extended to April 20 and is now in limbo until the system is repaired. According to ICANN ongoing announcements, a system error enabled applicants to view some of the other applicants...
March 6, 2012
By Christo Volschenk
German media group Axel Springer bundled its successful classified platforms into a new subsidiary called Axel Springer Digital Classifieds (ADC) and sold 30 percent of the company to General Atlantic (GA), a U.S. venture capital firm with big exposure to China, for €237 million ($310 million U.S.). Axel Springer and GA will manage ADC as a joint venture, and together “develop it into a leading international classifieds player”, the companies said...