2018-02-25

News Review | ICANN WHOIS & EU GDPR: Points of View (video)

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2018-02-25) with analysis and opinion: Features •  1) ICANN WHOIS & EU GDPR: Points of View (video),  2) Morgan Stanley Technology, Media & Telecom Conference - GoDaddy $GDDY3) ICYMI Internet Domain News: ChinaGeorge Soros, and Turkey, 4) ICANN news: SSR2-RT: Letter from GNSO Council to SO/AC Leaders, and more, 5) Names, Domains & Trademarks6) Most Read.

1) ICANN WHOIS & EU GDPR: Points of View

What is GDPR?

Salesforce.com, Inc. video above published Nov 10, 2017. "Learn about the General Data Protection Regulation (GDPR) ... the new EU regulation." Salesforce.com, Inc. (NYSE: CRM), is a cloud computing company headquartered in San Francisco, California.

Editor's note: notice the completely different angle of approach taken by Salesforce as compared to ICANN (see below). Salesforce, an American technology company operating globally, has fully embraced the EU's GDPR as consistent with Salesforce's own core values ("trust"), is clearly prepared, confident, and proactive in educating and preparing its own stakeholders (customers) for the GDPR effective date of May 25, 2018 (now less than 90 days away).

ICANN, on the other hand, as of today, is still clearly unprepared--Letter from ICANN CEO Göran Marby to Chair, Governmental Advisory Committee (GAC), Manal Ismail | ICANN.org Feb 22, 2018: "As I noted in the 2 February webinar, we are seeking a single model for both the contracted parties and ICANN org to follow."--and has yet to publish its "single model" for use by ICANN and its "contracted parties" (registrars and registry operators).

On Thursday, Feb 22, 2018, I asked ICANN CEO Goran Marby (who is a citizen of Sweden and the EU): "1) When did you first become aware of the ramifications of the EU GDPR for ICANN, and 2) what caused ICANN to be so late in preparing for the May 25, 2018 effective date?"

Marby replied that it was a "good question" and answered that he first became aware in May 2016 (when he first came aboard as ICANN CEO), and that ICANN should have been involved in this (the GDPR) "four years ago." Marby also indicated that ICANN has had difficulty in dealing with the GDPR both as an organizational compliance issue as well as in its policy-making [which is driven by the ICANN community dominated by special interests (lawyers, lobbyists, contracted parties)]. The ICANN WHOIS policy (see further below) is a dinosaur reminiscent of Silicon Valley circa 1999:
Sun on Privacy: 'Get Over It' | WIRED.com Jan 26, 1999: "The Chief Executive Officer (CEO) of Sun Microsystems said Monday that consumer privacy issues are a "red herring." "You have zero privacy anyway," Scott McNealy told a group of reporters and analysts Monday night at an event to launch his company's new Jini technology. "Get over it.""
See also:
What is WHOIS
About WHOIS | ICANN.org: "Every year, millions of individuals, businesses, organizations and governments register domain names. Each one must provide identifying and contact information which may include: name, address, email, phone number, and administrative and technical contacts. This information is often referred to as "WHOIS data." But the WHOIS service is not a single, centrally-operated database. Instead, the data is managed by independent entities known as "registrars" and "registries." Any entity that wants to become a registrar must earn ICANN accreditation. Similarly, registries are under contract with ICANN to operate a generic top level domain, such as .COM, .ORG, or one of the new gTLDs such as .STORAGE and .LINK.
"Based on existing consensus policies and contracts, ICANN is committed to implementing measures to maintain timely, unrestricted and public access to accurate and complete WHOIS information, subject to applicable laws. To do that, registrars and registries provide public access to data on registered domain names. Anyone can use the WHOIS protocol to search their databases and identify the domain name registrant.
"In 2016, new ICANN Bylaws replaced the WHOIS obligations originally established by the expired Affirmation of Commitments. These Bylaws require periodic reviews to assess the effectiveness of the current gTLD Registration Directory Service (RDS, formerly known as WHOIS) and whether its implementation meets the legitimate needs of law enforcement, promoting consumer trust and safeguarding registrant data. In addition, those Bylaws require ICANN organization to use commercially reasonable efforts to enforce its policies relating to RDS, while exploring structural changes to improve accuracy and access to generic top-level domain registration data, as well as considering safeguards for protecting such data."
ICANN WHOIS & EU GDPR--Points of View: 
  • What is going on with WHOIS? | R Street Institute | Rstreet.org".... The intersection of WHOIS and GDPR highlights the ways in which Internet governance is increasingly bumping into traditional regulation by nation-states. If it ever was, the Internet is no longer a domain outside the reach of governments. It is still a global ecosystem, but, as in this case, global policy can be swayed by regulations in a particular region. Maintaining the legitimacy of private Internet governance rather than government intervention is likely to become an increasingly difficult but important struggle." (emphasis added)
  • Data Protection/Privacy Update: Latest Developments | ICANN.org Feb 14, 2018: "My last blog of 25 January focused on the input received on the three proposed interim models for collecting registration data and implementing registration directory services in preparation for the 25 May 2018 enforcement date for the European Union's General Data Protection Regulation (GDPR). As you'll recall, input on the models which, along with feedback requested from community discussions on this topic, are contributing to the assessment of each potential option. From those inputs, either variations or modifications to one of these models, each of which includes a tiered/layered access approach to WHOISdata, will be identified ..."--Goran Marby, ICANN President & CEO 
  • GDPR Resources: .... | eNom.com"ICANN came back with three suggested models, each of which has significant flaws .... but we are proceeding with our GDPR implementation work as planned, relying on our legal counsel to help find the balance between compliance with ICANN and the GDPR itself."
  • Explaining the GDPR to an American | iapp.org: "... when customers share their data with us it is not ours, but rather theirs, at least as the European Union sees it and as reflected in the GDPR ..."
  • European Commission pitches in on ICANN's proposals for making the WhoIs register GDPR-compliant | Lexology.com".... ICANN has not much time left to solve the privacy issues of the WHOIS system, as the GDPR is set to become applicable in the EU on 25 May 2018. Whatever ICANN comes up with: As the Commission notes, it will be for the Member States data protection authorities and ultimately for the courts at national and EU level to assess the compliance of ICANN's new rules with the GDPR."

Editor's note: a little more than a year after completion of the IANA transition in which ICANN escaped from direct oversight by the U.S. government, the organization is now confronted with the task of complying with the European Union's GDPR (General Data Protection Regulation) by May 25, 2018, or facing substantial penalties. As noted by Rstreet.org above, neither the internet, nor ICANN, is beyond the reach of governments, the "IANA transition" notwithstanding. Yes, the U.S. government no longer has direct oversight of ICANN (via a contract with NTIA), but the reality is that since ICANN is no longer a U.S. government contractor, it is (or should be) viewed as an independent organization exercising the powers of a global monopoly in its policy-making and granting of global monopoly franchises of generic top-level domains (gTLDs), e.g., .COM and .NET, to enterprises such as Verisign (NASDAQ: VRSN). Under ICANN's multi-level scheme of "privatized" global internet governance, ICANN unilaterally imposes its "taxes" (a/k/a 'fees' or 'the vig') at every level: upon 1) domain name registrants, 2) registrars, and 3) registry operators. Not a bad racket, if you can get away with it, which may also explain why ICANN's compensation and benefits packages are "sky high," and in at least one case, kept secret, an apparent violation of U.S. public disclosure laws applicable to tax-exempt 501(c)(3) non-profit organizations like ICANN.

Today, ICANN and its hundreds of gTLD registry operators, operate without benefit of any grant of authority from any government, or intergovernmental authority, or international treaty, but like everyone else, are subject to regulations and laws promulgated by governments all over the world, as demonstrated by the EU's GDPR, as well as China's internet regulatory regime, and their ensuing legal liabilities and penalties. This may be just the beginning. As I noted during the IANA transition, be careful what you ask for--
"I think if we get rid of that [IANAcontract we will be free of the pressures."
                    -- ICANN President and CEO Fadi Chehade, February 10, 2015
See also: 

2)  Morgan Stanley Technology, Media & Telecom Conference Monday February 26 - Thursday March 1, 2018 (free registration for audio of presentations at the link above):
graphic: Morgan Stanley Technology, Media & Telecom Conference
GoDaddy (NYSE:GDDY) is presenting at the conference at 1:15 PM PT Monday.
 $GDDY
GoDaddy reported Q4 FY2017 results on Thursday, Feb 22, 2018, after the market closed. On Friday, $GDDY shares gained more than 10% (chart above).

Other presenters at the Morgan Stanley Technology, Media & Telecom Conference on Monday include Intel, Microsoft, The Walt Disney Company, Alphabet (Google), NVIDIA, and Cisco. Full schedule Monday-Thursday at first link above (after registering).

3) ICYMI Internet Domain News:
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
a. China: China’s former internet chief Lu Wei charged with taking bribes | thetimes.co.uk

b. George Soros: Defending our 'freedom of mind' from Google and Facebook | afr.com

c. Turkey Has The Most Jailed Journalists Worldwide | Statista.com:

4) ICANN news
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a. SSR2-RT: 06 Feb 2018 Letter from GNSO Council to SO/AC Leaders (pdf)  [published 21 Feb 2018 by ICANN] re: Input of the GNSO Council on the current status and next steps of the Second Security, Stability, and Resiliency of the DNS Review Team (SSR2-RT), embed below (highlighting added):

b. Request 16-11Travel Reservations SRL, Spring McCook, LLC, Minds + Machines Group Limited, Famous Four Media Limited, dot Hotel Limited, Radix FZC, dot Hotel Inc., Fegistry, LLC | Letter from Flip Petillion on behalf of Requestors to ICANN Board Accountability Mechanisms Committee, 22 Feb 2018, reconsideration-16-11-trs-et-al-petillion-to-icann-bamc-redacted-22feb18-en.pdf [516 KB] embed below (highlighting added):

c. ccNSO Personal data publication consent form (template): ccNSO Personal data publication consent form (template) (pdf)

d. ICANN Webinar: Replenishment Strategy for the Reserve Fund | ICANN.org: Webinar Date & Time: 1 March 2018, 17:00 – 18:00 UTC, via Adobe Connect.

e. ICANN Public Comment periods closing in March, 2018 (subject to change):

5) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. ccTLD .au: Small businesses face expensive fights for ".au" web addresses as experts sound warning over new domain changes | smartcompany.com.au

c.
 International SEO and search trends: How does it all work? | searchengineland.com: "The main takeaway here is that you must ensure you have the correct domain for your international SEO requirements."

c.
 New gTLDs: Christa Taylor talks [new gTLD] domains | DomainNameWire.com: interview by Andrew Allemann, editor of Domain Name Wire, of Christa Taylor of dotTBA.com, a new gTLDs consultancy. Ms. Taylor honestly acknowledges the disappointing numbers in new gTLD registrations, the faulty expectations ("if we build it, they will come") and projections, doesn't deny that mistakes were made by new gTLD applicants and ICANN, confirms through her own personal experience, the "Universal Acceptance" problems with new gTLDs [Editor's note: better get a .COM domain for an email address], and describes the challenges of IDNs from working with a client registry operator in the Middle East.

6) Two Most Read posts (# of pageviews Sun-Sat) this past week on DomainMondo.com: 
graphic "Domain Mondo" ©2017 DomainMondo.com
1. Tech Review | India Fines Google, China Fines Alibaba & Tencent (video)
2. News Review | ICANN Copes With Failing New gTLDs' Impact On Income
-- John Poole, Editor, Domain Mondo 

feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-02-24

Tech Review | Big Tech vs Competition, Innovation, Opportunity (video)

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2018-02-24)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) Big Tech vs Competition, Innovation, Opportunity? (video), 2) Peter Thiel vs Silicon Valley's Suffocating Group Think (video), 3) Investing: This Week, Investing Notes4) ICYMI.

1) Big Tech vs Competition, Innovation, Opportunity? (video)

Markets Are No Longer Competitive says Scott Galloway:  Scott Galloway, NYU Stern professor, and Roger McNamee, Elevation Partners (domain: elevation.com) co-founder, discuss the need to break up big tech to create more innovation and opportunity in the market. CNBC.com video above published Feb 15, 2018. See also The Case Against Google | The New York Times | nytimes.com: Foundem's case against Google exposes flawed arguments of a self-correcting internet economy and why antitrust laws are essential for tech growth.

New York Times Magazine's Charles Duhigg: The Case Against Google

CNBC.com video published Feb 21, 2018: Charles Duhigg, New York Times Magazine, discusses his article about concern over Google allegedly halting other innovation.

2) Peter Thiel vs Silicon Valley's Suffocating Groupthink (video)

Why Peter Thiel Is Backing Away From Silicon Valley: Bloomberg's Ellen Huet and Mark Milian discuss why Peter Thiel is relocating his home and personal investment firms to Los Angeles. They speak on "Bloomberg Technology" on Feb 15, 2018. See also: Like Peter Thiel, Tech Workers Feel Alienated by Silicon Valley ‘Echo Chamber’ | WSJ.com.: "... Several tech workers and entrepreneurs also have said they left or plan to leave the San Francisco Bay Area because they feel people there are resistant to different social values and political ideologies. Groupthink and homogeneity are making it a worse place to live and work, these workers said ..."

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
This Week The Index: S&P 500
S&P 500 Index UP almost 3% since the end of trading in 2017
Volatility Jumps, But It’s Still a Bull Market | MorganStanley.com
graphic of Charging Bull | DomainMondo.com
Wall Street's Charging Bull
Investing Notes:

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
  • With $9 billion stake, China's Li Shufu, Chairman and principal owner of Geely in China, is now the largest shareholder (10%) of Germany's Daimler AG (DAIGn.DE), manufacturer of Mercedes Benz cars, trucks and vans. Chinese car manufactuer Geely owns Volvo cars and the maker of London’s black cabs. Next largest Daimler shareholder is Kuwait Investment Authority (7%).
  • AT&T will launch mobile 5G in Atlanta, Dallas and Waco in 2018--engadget.com. See also SeekingAlpha.com.
  • Scammers use Zelle (domain: zellepay.com), a P2P payments service, to defraud online buyers who trust the service because it is backed by US banks--Techcrunch.com
  • Google I/O 2018: May 8-10, 2018, Shoreline Amphitheatre, Mountain View, CA--apply to purchase a ticket by 2/27 5pm PST.
From the Reuters.com feed:

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-02-23

Amazon, Apple, Facebook, Google: Let's Play Monopoly (video)

Let's Play Monopoly

L2inc.com video above published Feb 22, 2018: "Pass Go, collect $200, and go bankrupt as big tech buys all the properties"--Scott Galloway.

Sources:
(0:17) “Amazon To Launch Delivery Service That Would Vie With FedEx, UPS,” The Wall Street Journal, February 2018. https://goo.gl/9cSryV
(0:25) Yahoo Finance.
(0:36) “Amazon's New Delivery Program Shouldn't Hurt FedEx, UPS,” CNET, February 2018. https://goo.gl/etwxfU
(0:47) “FedEx: Long-Term Financial Goals Pre-Fiscal 2Q18 Earnings,” Market Realist, December 2017. https://goo.gl/jqFT16
(0:47) “Amazon's New Delivery Program Shouldn't Hurt FedEx, UPS,” CNET, February 2018. https://goo.gl/etwxfU
(1:07) “Amazon Starts Flexing Muscle in New Space: Air Cargo,” Reuters, December 2016. https://goo.gl/tzcqF9
(1:54) “Apple Music on Track to Overtake Spotify in U.S. Subscribers,” The Wall Street Journal, February 2018. https://goo.gl/vzP6fh
(2:00) “Apple Music Struggles to Keep Pace With Spotify’s Growth,” Statista, February 2018. https://goo.gl/Q1peih
(2:06) “1 Billion Apple Devices Are in Active Use Around the World,” The Verge, January 2016. https://goo.gl/vQhS2j
(2:17) “Apple’s New App Store Rules a Big Boon for Netflix, Hulu & Co.,” Variety, June 2016. https://goo.gl/vNErjw
(2:22) “Paying For Spotify Through Apple,” Spotify. https://goo.gl/tbHmzR
(2:30) “Spotify Says Apple Won’t Approve A New Version of Its App Because It Doesn’t Want Competition for Apple Music,” recode, June 2016. https://goo.gl/93R5Y8
(3:07) Census Bureau.
(3:11) “The U.S. Listings Gap,” Credit Suisse, U.S. Global Investors.
(4:00) U.S. Senate, Commerce, Science And Transportation Committee Hearing, February 14, 2018

Auto-generated transcript via YouTube.com:
00:00 [Music]
00:01 in this week's winners and losers we
00:05 talk about monopoly monopolies the
00:11 latest sector that Amazon has put in
00:13 jail
00:14 the shipping sector Amazon announced it
00:16 was getting into delivery of goods
00:19 immediately UPS and FedEx stocks crashed
00:21 five percent on opening bell or about
00:24 eight billion dollars market
00:26 capitalization continuing a pattern of
00:28 cascading stock prices within hours of
00:30 Amazon announcing interest in any given
00:32 sector analysts claim the threat is
00:34 overblown pointing to UPS and FedEx
00:37 complex infrastructure and that Amazon
00:39 accounts for approximately just five
00:41 percent of total revenue and pointing to
00:44 all the capex expenses about five
00:46 billion each for FedEx and UPS in the
00:48 most recent year last year we correctly
00:50 predicted that Amazon would get into
00:53 this business if Beezus tamal said we
00:55 see overnight delivery as a huge
00:57 opportunity
00:58 150 billion dollars a market cap of DHL
01:00 FedEx and UPS would begin leaking to
01:02 Amazon Amazon claimed last year when
01:05 they started leasing airplanes and
01:07 buying tractor trailers that they were
01:08 only supplementing holiday demand
01:10 well it appears that FedEx and UPS
01:12 should get ready to be supplemented it
01:14 doesn't matter what the reality is the
01:17 perception that Amazon will win is a
01:19 self-fulfilling prophecy as they will
01:21 begin choking access to the mother's
01:23 milk of business Capital prediction
01:26 FedEx and UPS regardless of the reality
01:30 will lose 20% of their value in the next
01:32 six months and Amazon will increase its
01:35 market cap by about sixty billion
01:38 dollars as analysts begin to sharpen
01:40 their pencil and look at a new gangster
01:42 in town and shipping Amazon another
01:45 player with billions of hotels on any
01:47 property you might land on Apple Apple
01:50 music is now growing faster than Spotify
01:52 in the US Apple music is gaining
01:54 subscribers at a rate of five percent
01:56 per month versus Spotify
01:58 2% growth Spotify still has twice as
02:00 many subscribers but Apple has a
02:02 built-in advantage as it comes
02:03 pre-loaded on 1 billion iOS devices I
02:07 get in my car and Apple music begins
02:10 automatically playing by the way Apple
02:12 has literally
02:13 ruin to YouTube for me i can't turn that
02:15 up Apple takes a 30% cut of all
02:18 subscriptions sold through its App Store
02:20 Spotify decided to avoid the charge by
02:22 preventing new customers from
02:24 subscribing to Spotify Premium through
02:26 the App Store Apple retaliated by
02:29 blocking the Spotify update when you're
02:31 building a platform and you unfairly
02:33 restrain the competition that's direct
02:35 evidence of Monopoly abuse what is the
02:39 growth engine of our economy tech tax
02:41 cuts no it's small business if you look
02:45 at the front page of any business
02:46 section however or turn on CNBC you
02:49 think thousands of businesses were being
02:50 formed every day and night by shiny
02:53 grads from Berkeley Stanford and MIT not
02:55 to mention all the dropouts starting
02:57 billion-dollar companies but what's the
02:59 reality startups are in freefall
03:01 specifically over the last four decades
03:03 new business formation has been cut in
03:06 half the number of public companies has
03:09 also declined dramatically why there's
03:11 some macro reasons people have more debt
03:13 coming out of school and because they
03:14 have to pay to listen to this book so
03:16 they're less inclined to start a
03:18 business maybe because of the housing
03:19 crisis they're less likely to move
03:21 however we would argue that the real
03:23 reason here is it's harder to get
03:25 funding small businesses can't compete
03:27 with big tech when I'm in VC meetings
03:30 and I'm in a lot of them budding
03:31 entrepreneurs have to adopt a basic
03:33 narrative and that is we don't compete
03:35 with Amazon Apple Facebook or Google but
03:37 we make great acquisitions which is
03:40 effectively an oxymoron so if there's a
03:43 shot you'll be bought by an enormous
03:44 company you can raise billions at the
03:46 same time as not compete with them
03:47 however every other good idea raises
03:50 zero it has never been easier to be a
03:52 billionaire and never been harder to be
03:55 a millionaire under the category of
03:57 strange bedfellows this morning Ted Cruz
03:59 just that Ted Cruz senator from Texas
04:01 referenced an article that we wrote in
04:03 Esquire how do we feel about it kind of
04:05 like kissing our hot cousin a mixture of
04:08 very conflicted emotions or better yet
04:10 some of the dreams I've been having
04:12 about magnum p.i specifically a physical
04:15 encounter with Tom Selleck initially a
04:18 bit off-putting but then I find I start
04:20 to like it and then he screams out I'm
04:23 Magnum 3.14 which really gets the ball
04:26 rolling if you know what I mean
04:30 [Music]

feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-02-22

GoDaddy $GDDY Q4 FY2017 Results, LIVE Webcast Feb 22, 5pm ET

$GDDY shares are up over 51% since Feb 22, 2017 (as of Feb 21, 2018)
GoDaddy Inc. (NYSE: GDDY), the world's largest domain name registrar, financial results release for the fourth quarter and fiscal year 2017, on Thursday, February 22, 2018, after the stock market closes. GoDaddy management will host a conference call and LIVE webcast at 5:00 p.m. ET, Feb 22.  To hear the call via phone, dial (866) 393-4306 in the United States or (734) 385-2616 from international locations, with passcode 7396408. The live webcast of the call and recorded replay will also be available on GoDaddy's investor relations website at https://investors.godaddy.net.

View the Presention ( PDF )

Excerpt from the release:
  • Total revenue of $602.2 million, up 23.9% year over year.
  • Total bookings of $657.9 million, up 25.4% year over year.
  • Net cash provided by operating activities of $104.3 million, up 17.1% year over year.
  • Unlevered free cash flow of $109.2 million, up 42.6% year over year.
  • Customers of 17.3 million at December 31, 2017, up 17.6% year over year.
  • Average revenue per user (ARPU) of $139, up 7.4% year over year.
  • Domains revenue of $281.6 million, up 16.1% year over year.
  • Hosting and Presence revenue of $228.8 million, up 29.5% year over year.
  • Business Applications revenue of $91.8 million, up 37.6% year over year.
  • International revenue of $207.3 million, up 52.9% year over year.
Operating Highlights
  • GoDaddy's GoCentral is seeing continued strong adoption, increasing conversion from free to paid, and generating positive customer feedback and rising net promoter scores.
  • GoDaddy continues to enhance GoCentral's features, recently launching Online Appointment scheduling, payments via Square, blogging capabilities, and integration with Google My Business, among many other features. GoCentral users can now book client appointments online 24x7, sync with the most popular calendars, get paid easily offline or online, and create powerful online identities via Google.
  • GoDaddy continued its successful integration of HEG, including the recent launch of localized marketing efforts in multiple European markets.
  • GoDaddy announced it will acquire Main Street Hub for approximately $125 million in cash plus up to $50 million in potential future earnouts. Main Street Hub provides small businesses with a complete "do-it-for-me" service for managing engagement on the most popular social networks. The transaction is expected to close late in the second quarter of 2018.
  • GoDaddy appointed Mark Garrett to its board of directors. Mr. Garrett, Executive Vice President and Chief Financial Officer at Adobe, brings deep financial technology leadership to the board.
  • GoDaddy announced it will host an Investor Day on March 28, 2018 at its Global Technology Center in Tempe, Arizona. Given limited space, interested shareholders and analysts are encouraged to email investors@godaddy.com for an invitation.
  • GoDaddy completed a secondary offering of 7.2 million shares of its Class A common stock sold by certain of its stockholders at $47.32 per share in December 2017, increasing the publicly available float.
SeekingAlpha.com: GoDaddy Q4 EPS of $0.56 beats by $0.47. Revenue of $602.2M (+23.9% Y/Y) beats by $7.63M.

GoDaddy's (GDDY) CEO Scott Wagner on Q4 2017 Results | Earnings Call Transcript | Seeking.com

About GoDaddy (source: GoDaddy.com)
"GoDaddy powers the world's largest cloud platform dedicated to small, independent ventures. With over 17 million customers worldwide and nearly 73 million domain names under management, GoDaddy is the place people come to name their idea, build a professional website, attract customers and manage their work. Our mission is to give our customers the tools, insights and the people to transform their ideas and personal initiative into success."


feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-02-21

Scott Galloway: How to Build a Genius Brand (video)

How to Build a Genius Brand

NYU Stern Professor Scott Galloway: Of the 2,303 brands L2 ranked in 2017, only 94 earned the title "Genius." What sets them apart? More info here. L2inc.com video above published Jan 18, 2018.

Transcript (auto-generated via YouTube.com):
00:00 [Music]
00:01 here at altitude were in the business of
00:04 benchmarking digital performance we take
00:06 the top brands in a given sector run
00:08 them through a methodology that examines
00:10 performance across for digital
00:12 dimensions and spit out a ranking in a
00:14 digital IQ classification of the 2300
00:17 brands l2 ranked in 2017 only 94 earn
00:22 the title genius while no two geniuses
00:25 take the same approach to digital this
00:27 year's winners converged on five key
00:29 themes one getting personal rather than
00:32 appealing to a broad demographic winning
00:34 brands are targeting the individual most
00:36 brands collect a lot of consumer data
00:38 the genius brands use that data in a
00:40 meaningful way through tactics including
00:42 sophisticated loyalty programs or highly
00:45 targeted messages - making it easy it
00:49 sounds obvious but when consumers are
00:50 inspired to make a purchase you need to
00:53 get the friction out of the way and let
00:54 them fall into the purchased winning
00:56 brands in 17 prioritize site efficiency
00:59 over feature overload and make blogs
01:01 look books and Instagram feeds shoppable
01:04 3 facilitating the hand up genius brands
01:07 recognize that consumers are shopping
01:09 online in many locations especially on
01:12 Amazon like other brand sites digital
01:15 geniuses product pages on third-party
01:17 retail sites have rich content and our
01:20 search optimized for investing
01:22 strategically genius brands are scaling
01:24 back on desktop advertising and shifting
01:27 their dollars and creative attention to
01:28 mobile and video which offer higher
01:31 return and engagement geniuses are
01:33 innovating not recycling and creating
01:35 content designed specifically for mobile
01:37 experience and finally 5 going back to
01:41 the store the median age of our genius
01:43 brands is 65 years old suggesting that
01:46 the old guard is not dead yet especially
01:48 since what's old is new again
01:50 many genius brands are figuring novel
01:53 ways to make their stores an asset and
01:55 integrating the online and offline
01:57 experience we predict 18 will be the
02:00 year the storm makes its comeback stay
02:02 tuned we'll see you next week
02:09 [Music]

Song: Pink Floyd - Welcome to the Machine

feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-02-20

Google Chrome Rolls Out Ad Blockers, Changing the Web (video)

Google Chrome Rolls Out Ad Blockers

Bloomberg.com video above published Feb 15, 2018: Sourcepoint (domain: sourcepoint.com) CEO Ben Barokas discusses Google and online advertising with Emily Chang on "Bloomberg Technology."
An update on Better Ads | Web | developers.google.com: "In June, we announced Chrome's plans to support the Better Ads Standards in early 2018. Violations of the Standards are reported to sites via the Ad Experience Report, and site owners can submit their site for re-review once the violations have been fixed. Starting on February 15, in line with the Coalition's guidelines, Chrome will remove all ads from sites that have a "failing" status in the Ad Experience Report for more than 30 days. All of this information can be found in the Ad Experience Report Help Center, and our product forums are available to help address any questions or feedback."
See also:

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2018-02-19

Berkshire Hathaway Chair & Vice Chair: Warren Buffet & Charlie Munger

Warren Buffett: Advice For Entrepreneurs (2018)

Warren Buffett: Advice For Entrepreneurs (2018). Interview Date: 13th February, 2018.
Event: 10,000 small businesses summit. Investors Archive video published Feb 15, 2018.

A speech by billionaire and CEO of Berkshire Hathaway, Warren Buffett. In this speech, Warren tells three stories of entrepreneurs who against unfavourable circumstances, created successful businesses. These stories demonstrate key principle that Warren sees as necessary for a business to succeed.

Video Segments:
0:00 Introduction
0:38 Giving speeches
2:28 Buying a business from two women
6:42 Lessons learnt from Jack Taylor creating Enterprise
16:22 Inspire others
17:43 Important decisions in life
18:56 Simple rules

Warren Buffett Books:
The Snowball: Warren Buffett and the Business of Life
The Essays of Warren Buffett
Tap Dancing to Work: Warren Buffett on Practically Everything

Warren Buffett's Favorite Books:
The Intelligent Investor: The Definitive Book on Value Investing
Security Analysis: Sixth Edition
Common Stocks and Uncommon Profits and Other Writings

Transcript (auto-generated):


A Conversation with Charlie Munger and Michigan Ross - 2017

The Ross School of Business - University of Michigan video above published Dec 20, 2017: Charlie Munger, Vice Chairman of Berkshire Hathaway, joins Michigan Ross Dean Scott DeRue for a conversation about Mr. Munger's life, career journey, philanthropic legacy, and his thoughts on a few current global trends. Recorded Nov 30, 2017 in Los Angeles as part of an event for alumni of the Ross School of Business at the University of Michigan. Scott DeRue and Charlie Munger are introduced by John E. Conlin, President of NWQ Investment Management Co. To jump directly to the conversation with Charlie, forward to: 2:57.

Bitcoin and cryptocurrency:
"I think it is perfectly asinine to even pause to think about them," Munger said. "It's bad people, crazy bubble, bad idea, luring people into the concept of easy wealth without much insight or work. That's the last thing on Earth you should think about … There's just a whole lot of things that aren't going to work for you. Figure out what they are and avoid them like the plague. And one of them is bitcoin. … It is total insanity."
"You know it is one thing to think gold has some marvelous store of value because man has no way of inventing more gold or getting it very easily, so it has the advantage of rarity. Believe me, man is capable of somehow creating more bitcoin. … They tell you there are rules and they can't do it. Don't believe them. When there is enough incentive, bad things will happen."
Transcript (auto-generated):


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DISCLAIMER

2018-02-18

News Review | ICANN Copes With Failing New gTLDs' Impact On Income

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2018-02-18) with analysis and opinion: Features •  1) ICANN Copes With Failing New gTLDs' Impact On Income: FY18 & FY19 Budgets2) Other ICANN news: a. ICANN & Verisign a Dirty Secret? and more, 3) Names, Domains & Trademarks: a. Dot COM Still King, b.GoDaddy $GDDY Q4 2017, c. ICANN's Broken UDRP, and more, 4) ICYMI Internet Domain News, 5) Most Read Posts.

1) ICANN Copes With Failing New gTLDs' Impact On Income: FY18 & FY19 Budgets
Excerpt from ICANN Board Workshop Materials (embed below), Feb 3, 2018
ICANN Board Workshop Materials (embed below) Feb 3, 2018:

Excerpt from ICANN Board Workshop Materials (embed above), Feb 3, 2018
Editor's note: as I have noted before:
"... it is now obvious to everyone (except 'deniers') that ICANN grossly mismanaged its ill-conceived and misbegotten expansion of gTLDs (from just 22 to over 1200). Among the multitude of mistakes, probably the most egregious were rejecting the advice of the Federal Trade Commission (FTC) (pdf) and U.S. Department of Justice Antitrust Division (pdf) with regard to competition, pricing power, and consumer (registrant) benefits and protections. The above referenced letter from the US DOJ Antitrust Division was attached to a letter to ICANN from NTIA in Dec 2008 (pdf)."
The financial impact on ICANN is just one of the many consequences of the new gTLDs program debacle, with others yet to come.

Open for public comment: ICANN Draft FY19 Operating Plan and Budget and Five-Year Operating Plan Update | ICANN.org: close date 8 Mar 2018 23:59 UTC.

UPDATE Letter from the Board Chair | ICANN.org Feb 20, 2018: Issue: Proposed Budget for Financial Year 2019--icann-board-chair-proposed-budget-fy19-20feb18-en.pdf [13.4 KB] excerpt:
"... ICANN's funding has consistently increased over the past few years ... As we look ahead at the next few years, this flexibility is unlikely to continue, as funding is stabilizing for the foreseeable future at a level of US$135 million to US$140 million per fiscal year. During the next fiscal year, therefore, ICANN org will not be able to undertake new projects that have not been planned for in the FY19 Budget, unless and until ICANN org has concluded that available contingency funds can responsibly be allocated for that purpose or has identified corresponding budget savings to offset unplanned spending. This is a shift in how ICANN org operates and engages with the community. Together, we need to decide on some trade-offs in FY19 ..."

2) Other ICANN news
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a. ICANN & Verisign a Dirty Secret? Special Investigation: The Dirty Secret Behind Warren Buffett’s Billions | TheNation.com: "The company is called Verisign ... As of September 2017, two of Verisign’s domain-name registries, the aforementioned .com and .net, accounted for 145.8 million of the 330.7 million websites in existence, or nearly one in two. Take away the 144.7 million sites tied to a specific country (like .us, or .cn for China), and it’s more like four out of five. Any company controlling 80 percent of a given market can safely be termed a monopoly, though a spokesperson for Verisign said in a statement that “we believe competition is thriving in the market.” The nonprofit Internet Corporation for Assigned Names and Numbers (ICANN), the registry industry’s main regulator, granted Verisign exclusive contracts to operate .com and .net. Verisign can automatically renew the contracts as long as it meets certain performance metrics. The company was also initially permitted to raise prices gradually, despite the fact that the costs of managing a registry decline over time because the necessary infrastructure is already established. “If you’re giving a near monopoly in an industry where prices are falling, you would think that you would have terms in the contract to lower the price,” said economist Dean Baker, a critic of government-granted monopolies. Instead, prices for .net domain names can rise 10 percent per year; they’ve more than doubled since 2005, from $3.50 to $9.02 (Verisign’s statement called this price “lower than most competing legacy [top-level domains]”). Prices for .com domain names have also risen, though they are now frozen at $7.85 per year, due to an amended contract executed in 2012. Competitors have offered to run registries at significantly cheaper rates, yet ICANN hasn’t altered Verisign’s contract terms." (emphasis added)

b. Minutes | Board Accountability Mechanisms Committee (BAMC) Meeting | ICANN.org "... Next Steps on Community Priority Evaluation (CPE) Process Review: The BAMC approved a recommendation to the Board to acknowledge and accept the findings in the three reports; that as a result of the findings, there will be no overhaul or change to the CPE process in the current New gTLD round; that the CPE Process Review has been completed; and that the BAMC should move forward with consideration of the remaining reconsideration requests relating to the CPE process that were placed on hold pending completion of the CPE Process Review and to take FTI's findings into consideration as part of the BAMC's review. Actions: ICANN Org to prepare materials for Board consideration."

c. ICANN Correspondence | ICANN.org:

d. View the Latest Quarterly Stakeholder Update and Register for the Q&A Call on 22 February | ICANN.org

e. GDPR & WHOIS: 
Data Protection/Privacy Update: Latest Developments | ICANN.org Feb 14, 2018. Editor's note: ICANN had nothing of substance to report at the above link, but KrebsOnSecurity.com has reported details of the coming ICANN interim model:
"the system that ICANN is planning to recommend, according to sources, would ask registrars and registries to display just the domain name, city, state/province and country of the registrant in each record; the public email addresses would be replaced by a form or message relay link that allows users to contact the registrant. The source also said ICANN plans to leave it up to the registries/registrars to apply these changes globally or only to natural persons living in the European Economic Area (EEA). In addition, sources say non-public WHOIS data would be accessible via a credentialing system to identify law enforcement agencies and intellectual property rights holders. However, it’s unlikely that such a system would be built and approved before the May 25, 2018 effectiveness date for the GDPR, so the rumor is that ICANN intends to propose a self-certification model in the meantime." (emphasis added)
f. SSR2--SOAC Chairs Statement on status of SSR2 Review 2018-02-12full statement (pdf)

3) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. Dot COM Still King--interview of domain name broker Jen Sale of Evergreen.com

Molly Wood is the host of Marketplace Tech, a weekday show that helps listeners understand the business behind the technology that’s rewiring our lives. Above podcast published Feb 08, 2018.

b.  GoDaddy Inc. (NYSE: GDDY) Q4 2017 Financial Results LIVE Webcast: Feb 22, 2018 5pm ET. Also Scott Wagner, GoDaddy CEO, and Ray Winborne, GoDaddy CFO, will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on Monday, February 26, 2018 at 1:15 p.m. PST. LIVE audio webcast of the event will be available on GoDaddy's investor relations website at https://investors.godaddy.net. Following the presentation an audio replay will also be available on the investor relations website.

c. ICANN's Broken UDRP: 
Excerpt from lawsuit filed in U.S. District Court by French citizen who is domain name registrant of ado.com
What's So Outrageous [About] Asking High Prices for Domain Names? | IPLegalCorner.com"The [ado.com] decision (frankly) makes no sense! (This is one good reason for there to be an administrative appeal built into the UDRP process)."--Gerald M. Levine, Attorney (link added).
[Editor's Note: This outrageous ado.com UDRP decision by an inept WIPO panel is symptomatic of ICANN's broken UDRPFortunately, U.S. law provides a remedy (pdf), many nations don't. If you're a domain name registrant and live in a nation that does not provide a remedy for a bad UDRP decision, you should probably be registering ALL of your domain names through a U.S.-based registrar.

d. Fraud: Report: Over 90% Of Domains Are Prone To Domain Name Fraud | tomshardware.com.

e. Scams: WhatsApp scam WARNING - Thousands already duped make sure you’re not next | Express.co.uk: Many illegitimate sites [domain names with IDN characters] look virtually identical to the real thing. This is where looking closely at the URL can make a real difference for staying safe online.

f. Domain Theft Strands Thousands of Web Sites | KrebsOnSecurity.com"Newtek Business Services Corp., a Web services conglomerate that operates more than 100,000 business Web sites and some 40,000 managed technology accounts, had several of its core domain names stolen over the weekend. The theft shut off email and stranded Web sites for many of Newtek’s customers ..."

g. Reverse Domain Name Hijacking (RDNH): UDRP panel finds RDNH; complainants should disclose all prior dealings with respondent | WorldTrademarkReview.com.

h. Donuts Acquires .TRAVEL Top-Level Domain (TLD): .TRAVEL becomes Donuts' 239th TLD.

i. Verisign 10-K filed Feb 16, 2018 EDGAR Filing Documents for 0001014473-18-000018:
Verisign 10-K excerpt: "Pricing. Under the terms of the Cooperative Agreement with the DOC and the .com Registry Agreement with ICANN, we are restricted during the term of the Registry Agreement from increasing the price of registrations or renewals of .com domain names above $7.85, except that we are entitled to increase the price up to 7%, with the prior approval of the DOC, due to the imposition of any new ICANN consensus policies, as established and defined under ICANN’s bylaws and due process, and covering certain items listed in the .com Registry Agreement, or documented extraordinary expense resulting from an attack or threat of attack on the security and stability of the DNS. However, it is uncertain that such circumstances will arise, or if they do, whether we would seek, or the DOC would approve, any request to increase the price for .com domain name registrations. We also have the right under the Cooperative Agreement to seek the removal of these pricing restrictions if we demonstrate to the DOC that market conditions no longer warrant such restrictions. However, it is uncertain whether we will seek the removal of such restrictions, or whether the DOC would approve the removal of such restrictions. In comparison, under the terms of the .net and .name Registry Agreements with ICANN, we are permitted to increase the price of domain name registrations and renewals in these TLDs up to 10% per year. Additionally, ICANN’s registry agreements for new gTLDs do not contain such pricing restrictions." (emphasis added)

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
•  GDPR Effect: Rise of the data protection officer [DPO], the hottest tech ticket in town | Reuters.com

•  Countdown to GDPR Deadline | natlawreview.com: "... the GDPR’s broad reach applies to any company that is offering goods or services to individuals located within the EU/EEA or monitoring the behavior of individuals in the EU/EEA, even if the company is located outside of the European territory. All companies within the GDPR’s ambit also must ensure that their data processors (i.e., vendors and other partners) process all personal data on the companies’ behalf in accordance with the Regulation, and are fully liable for any damage caused by their vendors’ non-compliant processing ..."

•  China: the web closes in | lowyinstitute.org“Access to the worldwide web has become a major frustration for companies operating in China”, said Mats Harborn, president of the European Chamber."

•  China’s "shameless" former internet czar Lu Wei was expelled from the Communist Party and investigated for corruption | qz.com: "Lu Wei, 58, has headed China’s powerful Cyberspace Administration since its launch in 2014, until he unexpectedly stepped down from his post in June 2016." See also: ICANN50 in London: Lu Wei, Minister of Cyberspace Affairs Administration of China | YouTube.com.

•  US-China trade faceoff: Prioritize the internet and digital trade | aei.org"the US must confront growing Chinese ICT protectionism or face both commercial crowding out of international markets and the prospect of internet fragmentation under Beijing’s “Cyber Sovereignty” rules." 

•  Iran: Lifting the Ban on Instagram was Illegal | aei.org

•  The CLOUD Act: A Dangerous Expansion of Police Snooping on Cross-Border Data | Electronic Frontier Foundation | eff.org

•  Making Knowledge Free Can Cost You Your Freedom | Bloomberg.com"The fate of a young researcher reflects poorly on the state of scientific publishing."

•  Charter’s gigabit cable—starting at $105—is coming to over 40 million homes | Ars Technica.comCharter's "gigabit" is 940Mbps down, 35Mbps up, with prices of $105 to $125.

• Net Neutrality in the United States | Harvard Law Today| law.harvard.edu

• Top tech group exec joining White House as Trump adviser | TheHill.com: Abigail Slater, general counsel for the Internet Association (IA), which represents tech giants like Google and Facebook, will replace Grace Koh as special assistant to President Trump with the National Economic Council.

•  R.I.P. The internet will miss John Perry Barlow | NetworkWorld.com: "... co-founder — and at his passing, vice chairman — of the Electronic Frontier Foundation, which is considered “the leading nonprofit organization defending civil liberties in the digital world”..."

5) The Two Most Read posts (# of pageviews Sun-Sat) this past week on DomainMondo.com, 
graphic "Domain Mondo" ©2017 DomainMondo.com
which also zoomed to first and second, respectively, 'most read' posts in the last 30 days:
1. Airswap Cryptocurrency ICO Launches From a New York Loft (video)
2. News Review | ICANN61 & Puerto Crypto, San Juan, Puerto Rico

-- John Poole, Editor, Domain Mondo 

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