Private Equity trying to by the .ORG domain from ICANN

OfTheCross

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Keeping my overhead low, and my understand high
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I didn't know you could just buy all the .orgs, .coms, etc


After Nonprofits Protest at ICANN, California's Attorney General Steps Into the .ORG Battle

Once appearing to be a done deal, the sale of the .ORG registry to private equity is facing new delays and new opposition, after a successful protest in front of ICANN last week by nonprofits and an intervention by the California Attorney General. Private equity firm Ethos Capital’s proposed $1.1 billion purchase of the Public Interest Registry (PIR) has raised nearly unanimous opposition from the nonprofit world, along with expressions of concern from technical experts, members of Congress, two UN Special Rapporteurs, and U.S. state charities regulators. ICANN, the nonprofit body that oversees the Internet’s domain name system, has found itself under increasing pressure to reject the deal.
 
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WestMidWest
Honestly, it's a symbolic victory. A real victory for public interest is federal law that requires 90% of proceeds/donations to non-profits be spent on addressing the causes and showing progressive
 
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