Escom has Sex.com for $14m
2006-01-20 22:00:00
Sex.com, owned by Gary Kremen has been sold for a record fee of $14 million to a Boston-based company called Escom LLC, the Adult industry newsletter Xbiz reported.
Gary Kremen was unavailable for comment, but a source from Kremen's company, Grant Media, said that sales for the domain name will still be handled through Grant Media's San Francisco offices.
Mr. Kremen was the first to register Sex.com in 1994 along with a collection of other generic names, however in 1995 Stephen Cohen fraudulently transferred the domain to his name and built up a large pornographic empire. After a long battle in the courts, ownership was restored to Mr Kremen in 2000, and Mr. Cohen was ordered to pay $US65m.
Prior to the sale of Sex.com, numerous adult industry message board postings had already begun speculating on the sale after noticing the radical change in the appearance of the Sex.com website. The site is copyrighted by Escom.
The Sex.net domain is still registered under Kremen's Grant Media company.
|
|
iWay steps gently into ESB
The bits that make up our digital lives are increasingly spread over a growing number of gadgets, such as cell phones that snap pictures, handheld computers that play music and a growing number of PCs that do all the above and more.
Researchers Fear Confusion on Worm Name
Friday's file-destroying worm goes by "Mywife" at Microsoft Corp. and McAfee Inc., "Blackmal" at Symantec Corp. and CA Inc. and "Kama Sutra" in most media reports.
WebHostingBuzz.com Announces Infrastructure Upgrades
WebHostingBuzz.com has today announced that in it’s commitment to high levels of customer satisfaction, it is upgrading all shared hosting servers to brand new Dual Opteron based web servers offering an unprecedented amount of performance and reliable for shared hosting customers.
Ask Jeeves Announces Research Center in Italy
Ask Jeeves, Inc., a leading provider of information retrieval technologies, brands and Internet advertising services, formally announced the opening of its research center in Pisa, Italy. The research center will serve as Ask Jeeves' European hub for search technology research and development, working directly with the company's U.S.-based research centers in Campbell, Calif. and Piscataway, N.J.
Equinix Contracts with Meriton Networks
Deploys Meriton 6400 Optical Transport Platform to link its Internet Business Exchange centers in the Los Angeles area to expand its network services.
VMware Introduces Free VMware Server
Enables users to provision new server capacity by partitioning a physical server into multiple virtual machines, bringing the benefits of virtualization to every server.
Siemens Pushes IPTV
Siemens Communications Inc. is tapping Tut Systems Inc. to roll out Siemens SURPASS Home Entertainment middleware services to telephone carriers in North America, the company said Monday.
Amazon.com Reportedly Considering Ad Network
Amazon.com is reportedly looking for beta testers for a possible contextual advertising network that would place third-party links to products on the online retailer's partner Web sites.
Google puts instant message service inside e-mail
Google Inc. will introduce over the coming weeks a simpler way for Google users to conduct instant message chats from inside a Web browser window, alongside their e-mail, the company said on Monday.
IBM to Unveil Details of Microprocessor
Bucking a trend in the chip industry, IBM Corp. said Tuesday its upcoming Power6 microprocessor for servers will run at unprecedented speeds while keeping a lid on power requirements and heat.
|
