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August 27, 2012

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

People, Companies & TLDs in the News: Bhavin Turakhia, Alexa Raad, .TV, .AU and Fabulous.com

This has been a busy week with my usual editorial duties mixed in with relatives visiting from out of state and our daughter home on spring break from medical school. So, I wanted to use this bright and beautiful Friday in the Sunshine State to end the week with a round up of some industry news of interest. 

Let's start with major congratulations to Directi Co-Founder Bhavin Turakhia who has just been honored by the World Economic Forum (WEF) as a 2011 Young Global Leader - one of just 190 rapidly rising entrepreneurs selected from 65 different countries for the prestigious honor. Bhavin was one of 12 honorees from India where Directi is based in Mumbai

The WEF said the program is designed to recognize outstanding young leaders from around the world for their professional accomplishments, commitment to society and potential to contribute to shaping the future of the world.

Bhavin and his brother Divyank founded Directi as teenagers in 1998 and have grown it into a powerhouse that is believed to be worth hundreds of millions of dollars (and one that is still growing at a rapid clip). Everyone in the domain industry is familiar with their multiple services including Skenzo, Big Jumbo, DomainAdvertising.com, Reseller Club and LogicBoxes among others. 

Bhavin Turakhia
Co-Founder, Directi

Alexa Raad
CEO, Architelos.com

Alexa Raad, the former CEO of the .Org Registry, announced the formation of a new company Thursday. Architelos is a strategy and market development consultancy focused on the domain name industry. Ms. Raad will serve as the company's CEO with fellow co-founder John Matson, a veteran management consultant to Fortune 500 companies, filling the COO role. 

The company's services will include advising organizations that will be applying for new gTLDs in vertical niches such as banking where there are specific service, technology and security requirements. Architelos will also assist companies in the application process for new TLDs, once the program is finalized. That process, overseen by ICANN, may begin later this year.

Ms. Raad said, “The future landscape of the DNS market will be not only challenging but also promising. Navigating the complexity of these strategic decisions is Architelos’ core strength.”

A big auction of top quality .TV domain names, being conducted by SnapNames and Moniker, in conjunction with Verisign, is currently underway with names including Air.tv, Stocks.tv, Bargains.tv, Lawyers,tv, VA.tv and SW.tv among the domains up for bid. The auction got underway Wednesday and will run through Wednesday, March 23, 2011 at 3:15 p.m. US Eastern Time (12:15 p.m. US Pacific Time). You can find more details on the sale at Moniker.tv.

Australia's .au country code TLD reached a major milestone this week when it hit 2 million registrations. Almost a quarter of a million .au domains have been sold this financial year alone, pushing the extension to record heights. .Au registrations have soared since the central registry, now operated by AusRegistry, relaxed registration requirements, making it easier to obtain .au domains. 

Speaking of Australia, Fabulous.com, the popular registrar based in Brisbane, just announced a new partnership with Enom (the world's largest wholesale registrar) that will have Enom providing backend operations technology for Fab. In an email to customers, Fabulous said 

the deal will allow them to "optimize our registrar technology, freeing us to focus on what has been key to our success - great tools, great support and great customers." The company added, "we expect to be able to implement more features as a result - such as a broader selection of TLDs."

(Posted March 11, 2011) 


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