6th Mar 2015 07:54
LONDON (Alliance News) - Minds + Machines Group Ltd said Friday it had withdrawn its applications for the generic top-level domains for .app, .soccer and .beauty.app, netting it USD1.68 million in proceeds.
The proceeds came directly from the Internet Corporation for Assigned Names and Numbers, not other applicants as would be the case with a private auction.
Its client, dotBeauty LLC has also withdrawn its application for .casino, although Minds + Machines has received no funds in relation to this.
"We look forward to resolving, to our best advantage, the remaining nine applications in which we have a commercial interest that are either contested or subject to community priority evaluation during the remainder of the first half," said Chief Executive Officer Antony Van Couvering in a statement.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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