Tag - GoDaddy
According to sources familiar with the matter, domain name registrar GoDaddy is preparing for an initial public offering. Reportedly, the company is interviewing banks, who ultimately would lead to the underwriting of the IPO with a goal of trading commencing in the second half of 2014. Adding weight to remarks from the CEO from 2013 saying that an IPO was possible in 2014, GoDaddy seems to be primed to have a growth in profits. According to reports at the turn of the new year, GoDaddy's revenues are expected to climb nearly 10 percent in 2014.
Samsung's Super Bowl ad for the Galaxy Note may have been one of the costliest mistakes in advertising in recent memory, based on new Nielsen data from the event. The Android phone's commercial appeared neither in the top 10 most-remembered ads of the football game nor the top 10 most-liked among Nielsen's nearly 12,000-person panel. Instead, the only technology picks went to E*Trade and to GoDaddy, whose flip-flop on SOPA still left it with the ninth most memorable spot.
Republican Congressman and Judiciary Committee chair Lamar Smith stated Tuesday that the Stop Online Piracy Act would resume the drafting process in February. Despite hopes from opponents that a shelving meant it was stopped, the contentious bill would be back to the markup phase. Pre-election retreats were the immediate reason for the pause, Smith said.
Key Stop Online Privacy Act (SOPA) promoter Representative Lamar Smith stated Friday that he wanted to remove the domain name blocking provision from the proposed bill. He wanted the Congressional Judiciary Committee to "further examine the issues" surrounding the measure, according to CNET. A corresponding move was already underway with the Senate equivalent of the bill, Protect IP (PIPA), from Senator Patrick Leahy.
A quiet update to the list of Stop Online Piract Act supporters (PDF) has shown that Nintendo and Sony have backed away from the proposed bill. Both were originally endorsing the bill as of November but quietly removed themselves from the list sometime in the past month. Neither has acknowledged the change in attitude.
GoDaddy sent a statement to the media in an attempt to step the loss of customers by hardening its reversal on SOPA. Where before it just stopped endorsing the contentious anti-piracy act, it now "opposes" the bill. The bill "has not fulfilled its basic requirement" of getting both technology companies and the community onside, it said.
GoDaddy has responded to accusations that it was stalling on domain transfers from those leaving over SOPA. It argued to TechCrunch that accuser Namecheap had never contacted GoDaddy itself to ask about lifting any limits. GoDaddy and "many other registrars" limit the transfers to prevent abuse of WHOIS, or domain information requests such as the owner's contact information.
Domain registrar Namecheap accused GoDaddy on Monday of blocking attempts to move domains away after protest defections over GoDaddy's initial support for the Stop Online Piracy Act. The company claimed that GoDaddy was sending incomplete domain information, making it difficult to switch. It was allegedly violating ICANN rules, which Namecheap took as a sign that the mass domain switches were having a genuine effect.
GoDaddy in a statement backed off of its support of the controversial Stop Online Piracy Act. The web domain registrar maintained that fighting piracy was important but decided that the backlash against it meant the company had to adjust its attitude. GoDaddy would only support SOPA if the broader Internet field did, and its very business was based on the concept of free speech many believe SOPA violates.