Monday, 25 November 2019

Internet world despairs as non-profit .org sold for $$$$ to private equity firm, price caps axed

quote [ Former ICANN CEO Fadi Chehade personally registered the domain name currently used by Ethos Capital in May and it was registered as a limited company in the US state of Delaware on May 14. That date is significant because it is one day after ICANN indicated it was planning to approve the lifting of price caps through its public comment summary.
[…]
In fact there are virtually no controls on ICANN executives despite their ability to set the policies that guide a multi-billion-dollar market. As just one example, it appears that both board and staff members are free to hold shares in companies whose value is closely linked to decisions that they make and that they are not required to disclose such holdings. ]

Uuh … and what a business indeed it is. Anybody of you on org domains?
[SFW] [business] [+3 WTF]
[by Paracetamol@8:14pmGMT]

Comments

mechanical contrivance said @ 8:35pm GMT on 25th Nov
Money money money money.

MONEY!

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