Web Hosting News

  Home arrow Web Hosting News arrow Page 3 - ICANN-VeriSign Deal Sparks Congression...
Web Hosting Articles  
Web Hosting FAQs  
Web Hosting How-Tos  
Web Hosting News  
Web Hosting Reviews  
Web Hosting Security  
Weekly Newsletter 
 
Developer Updates  
Free Website Content 
 RSS  Articles
 RSS  Forums
 RSS  All Feeds
Write For Us 
Contact Us 
Site Map 
Privacy Policy 
Support 
 USERNAME
 
 PASSWORD
 
 
  >>> SIGN UP!  
  Lost Password? 
WEB HOSTING NEWS

ICANN-VeriSign Deal Sparks Congressional Hearing
By: Terri Wells
  • Search For More Articles!
  • Disclaimer
  • Author Terms
  • Rating: 5 stars5 stars5 stars5 stars5 stars / 5
    2006-06-21

    Table of Contents:
  • ICANN-VeriSign Deal Sparks Congressional Hearing
  • The Art of Redirection
  • The Points of Contention
  • What Happens Next?

  • Rate this Article: Poor Best 
      ADD THIS ARTICLE TO:
      Del.ici.ous Digg
      Blink Simpy
      Google Spurl
      Y! MyWeb Furl
    Email Me Similar Content When Posted
    Add Developer Shed Article Feed To Your Site
    Email Article To Friend
    Print Version Of Article
    PDF Version Of Article
     
     

    SEARCH WEB HOSTERS

    TOOLS YOU CAN USE

    advertisement

    ICANN-VeriSign Deal Sparks Congressional Hearing - The Points of Contention


    (Page 3 of 4 )

    Coming back to the proposed settlement, there are two points that are sparking the most debate. The first of these awards VeriSign the right to raise fees on .com domains in four of the next six years by seven percent each time. The second one concerns VeriSign’s “presumptive renewal” right. Critics have described this aspect of the deal as “the granting of a perpetual monopoly [to VeriSign].”

    ICANN General Counsel John Jeffrey has said that the rise in .com fees between now and 2012 would amount to less than two dollars per name, or as one observer characterized it, the cost of a single latte. But you need to consider the total number of .com domains to understand the real potential impact of the proposed settlement. W.G. Mitchell, CEO of Network Solutions, estimated that we would be looking at $1.3 billion in new revenue for VeriSign between now and the expiration of the deal. More than half of this would be spread out among the 10.5 million small online businesses that have contributed so much to the growth of the global economy.

    Rep. Sue Kelly (R-NY) was not swayed by ICANN’s and VeriSign’s arguments. Speaking at the Congressional hearing, she said that “When you’re talking about increased prices and you’re allowed to do that at VeriSign, I don’t know [that] that’s going to produce any better safety or security from anyone who’s paying that additional cost. And I haven’t heard anything today that tells me that would be the case.”

    As to the right of renewal, that could actually make the Internet somewhat less secure in a way. “Most of the world is allied against us and waiting for one credible cause to try and strip us of our influence,” Mitchell maintains, and “The granting of a perpetual monopoly against the protests of almost the entire Internet world community, including many of us here, will be that cause.” Governments in other countries will be eager to step in and regulate, as they have already shown, and that could lead to a dangerous stifling of the Internet’s growth and development.

    More Web Hosting News Articles
    More By Terri Wells

    WEB HOSTING NEWS ARTICLES

    - FreedomPop Offering Open Wi-Fi Service
    - Go Daddy Goes to India
    - Netelligent, Savvis Add New Canadian Web Hos...
    - World IPv6 Launch Happens Today
    - IT Teams Struggle to Keep Pace with Malware
    - Lulz Security Hacks CIA, Takes Requests
    - Apple Unveils iCloud
    - Rackspace Introduces Cloud Load Balancers
    - Amazon Offers Cloud Drive, Disses Music Indu...
    - New Android.Pjapps Trojan
    - Copyright Fight over Hurt Locker Downloads I...
    - Data Reveals Many Browsers Remain Unpatched
    - PandaLabs Report - What Happens to Stolen In...
    - Safari Books Online Review
    - Hackers Targeting Human Rights Groups

    Developer Shed Affiliates

     




    © 2003-2017 by Developer Shed. All rights reserved. DS Cluster - Follow our Sitemap