Showing posts with label Istanbul. Show all posts
Showing posts with label Istanbul. Show all posts

2016-10-02

News Review: Post-Transition ICANN & The Global Public Interest

Shining A Light: © DomainMondo.com Domain Mondo's weekly review of the news, analysis, and look ahead [pdf]:

Feature •  Post-IANA Transition Worry: Will the internet, as we know it, survive a 'privatized' ICANN? Or instead, could the internet be run as a 'public good'?

RFC 1591"... 1) The key requirement is that for each domain there be a designated manager for supervising that domain's name space ... 2) These designated authorities are trustees for the delegated domain, and have a duty to serve the community. The designated manager is the trustee of the top-level domain for both the nation, in the case of a country code, and the global Internet community .... 6) For any transfer of the designated manager trusteeship from one organization to another, the higher-level domain manager (the IANA in the case of top-level domains) must receive communications from both the old organization and the new organization that assure the IANA that the transfer in mutually agreed, and that the new organization understands its responsibilities ..."--Jon Postel, March, 1994
"The free-market triumphalism of the 1990s, and the intensely deregulatory political climate fostered by Bill Clinton’s Democrats and Newt Gingrich’s Republicans, framed full private ownership of the Internet as both beneficial and inevitable .... But the fight is not over. The upcoming ICANN handoff offers an opportunity to revisit the largely unknown story of how privatization happened — and how we might begin to reverse it, by reclaiming the Internet as a public good."--Ben Tarnoff, JacobinMag.com (emphasis added)
Now that the IANA stewardship transition is finished, and the U.S. government is out of the way, what will happen to the internet as we know it?  ICANN insiders may think, with the transition now complete, it's all over.  Sorry, it's just beginning, as I noted March 24, 2015:
ICANN CEO Fadi Chehade's View of the IANA Transition is Shortsighted and Naive | DomainMondo.com"I think if we get rid of that [IANA] contract we will be free of the pressures."--Fadi Chehadé, (then) ICANN President and CEO, February 10, 2015.
Contact ICANN in a few weeks and ask anyone there (assuming they'll be honest), whether they think ICANN is now "free of the pressures."  I like that quote of Chehadé's above because it is a prime illustration not only of the Peter principle, but also the fact that no one can hide their own incompetence.

I also intentionally chose the quotes first above from Jacobin which, if you are not familiar with that publication, describes itself as "a leading voice of the American left, offering socialist perspectives on politics, economics, and culture" and carries an endorsement from Noam Chomsky, just to put into perspective the IANA transition, and wipe the conceit off the faces of ICANN insiders and their allies from Washington, D.C., to Silicon Valley, who gloat in their own self-deception that opposition to the 'privatization' of ICANN only comes from the likes of Ted Cruz and the right.

The challenges ICANN faces at present, and those yet to unfold post-transition, are manifold, and for regular readers of Domain Mondo there is no need, nor the space, to provide a laundry list of present problems, much less speculate on the future.

However I will note that the public interest (or public good as Tarnoff calls it) is in direct contrast to the profit-seeking, special interest stakeholders who dominate ICANN processes, structures, and policy-making today.

ICANN is hardly indispensable to the world, which may be a relief to those worried about an organization like ICANN operating without any governmental oversight, a global monopoly that "taxes" domain name registrants who are largely, and intentionally, excluded from ICANN's so-called "community," and which grants exclusive global monopolies to gTLD registry operators with carte blanche permission to engage in predatory pricing practices that exploit registrants worldwide. Is it any wonder why ICANN engenders so much mistrust, not only from those within its own "ICANN community" but also among most domain name registrants?

While ICANN is supposed to serve as a useful and convenient artifice for managing the global DNS and coordinating names, numbers, and protocols of the internet, it has a troubled history and a sick organizational culture. ICANN could be replaced by one or more successors, and already some hope that happens sooner rather than later. The IANA transition may in fact hasten this. ICANN, left to its own devices, with a "community" largely controlled by a few dominant voices, along with a dysfunctional Board of Directors, may not be around for long.

If ICANN, by chance, does make it another 18 years (ICANN was incorporated in 1998), it may be a testament that it adapted and changed to actually serve the global public interest, the needs of the global internet community, not just the special interests who today dominate ICANN structures. But changing organizational culture is hard, and impossible in many cases. Peter Thiel says you have to "fire everybody and start over." Today the culture of the organization known as ICANN is predominantly characterized by its real core values of dishonesty, cronyism (see below), deceit, arrogance, elitism, obfuscation, incompetence, greed, and above all, an ingrained organizational value of evading accountability at all cost, and at all times--just read the IRP declarations in the DotConnectAfrica Trust and Dot Registry cases.

Is there a better way? Yes, and you don't have to look far: The Public Interest Standard in Television Broadcasting:
"The government's exclusionary licensing arrangement was justified by requiring that broadcasters act as public fiduciaries. Their primary duty would be to serve the "public interest, convenience and necessity," as expressed in both the 1927 and 1934 Acts. The Federal Radio Commission that was created by the 1927 Act described the "public trustee" model in this manner: "... the station itself must be operated as if owned by the public" .... The FCC's authority, while extensive, is constrained by traditional First Amendment principles. Government may not censor broadcasters (under Section 326 of the Act), for example, nor may it regulate content ... The public trustee model has given rise to a distinct genre of First Amendment jurisprudence ... Despite the philosophical complications and political tensions that this arrangement entails, the U.S. Supreme Court has repeatedly upheld the public trustee basis of broadcast regulation as constitutional. [Citing Red Lion Broadcasting Company v. FCC, 395 U.S. 367 (1969)]."

Other ICANN, Internet Governance, and Domain Name News:

•  Twitter $TWTR (twitter.com) Refuses to Block Account of US-based Turkish Journalist: Motherboard.vice.com reports a Court in Turkey ordered Twitter to block the account of Washington DC-based journalist Mahir Zeynalov, accusing him of “instigating terrorism.” Despite receiving the court order, Twitter refused to comply:
"This is just the latest blatant online censorship attempt from the Turkish government, which has become one of the worst offenders on the internet when it comes to quashing dissenting voices. Last week, in its latest transparency report, Twitter revealed that—once again—Turkey was by far the country that sent the most censorship requests. In the second half of 2015, Turkey tried to censor 8,092 accounts. In the first half of 2016, the country almost doubled that number with 14,953 censorship requests."
ICANN has its EMEA (Europe, Middle East, and Africa) hub in Istanbul, Turkey. ICANN's 3 hubs (LA, Singapore, Istanbul) were set up during former ICANN CEO Fadi Chehade's tenure. Chehade had a grand vision that ICANN would have 3 headquarters (called "hubs") instead of just a global headquarters in LA. He even said he would move to Singapore and would disperse ICANN staff from LA to the other 2 hubs thereby increasing ICANN's inefficiency, costs, overhead, and complexity.

Chehadé, it seems, thought by wasting a lot of money doing this, ICANN would become a more "global" organization, and unfortunately, the ICANN Board of Directors was too inept or "calcified" (Fadi's term for the Board), to stop him. But Chehade never moved to Singapore, and his visions were anything but grand, most notably, his NETmundial Initiative, which finally "crashed and burned" this year after wasting hundreds of thousands of dollars in ICANN funds on a project outside the scope and mission of ICANN. Fortunately, Chehadé quit as ICANN CEO 3½ years into a 5 year contract, but unfortunately, he left behind his legacy of cronyism at the organization:
"... Chehade and COO Akram Atallah – who are old friends – brought in more and more of their own people ... Not all of them were best suited or qualified, but real frustration developed when jobs were filled without the job even being posted internally. Nora Abusitta-Ouri, a former classmate of Chehade’s, became vice president of public responsibility programs. Former neighbor Susanna Bennett became Chief Operating Officer. Former co-worker Chris Gift became vice president of online community services. Former co-worker Allen Grogan became chief contracting counsel and then when that job finished, chief contract compliance officer. Neighbor of Atallah, Elizabeth Hoover became HR manager. Former co-worker Cyrus Namazi became vice president of industry engagement. Old friend Ashwin Rangan became chief innovation and information officer. The wife of a former co-worker, Maguy Serad, became vice president of contractual compliance. Another former neighbor, Christine Willett, became vice president of gTLD operations. In all, only one member of the C-suite hired since Chehade came on board has not been a friend or former co-worker ..."--IoNmag.asia
As for ICANN's hub in Singapore, the situation is "not good" there either-- Singapore’s wrong turn on the Internet | AEI.org"Singapore is creating what, in jargon, is termed an “air-gap” between government computers and the global internet. As a result, work computers inside ministries can communicate with each other but not with the outside world ... Air-gapping is common at high-risk targets like intelligence agencies and nuclear plants, but, as a Cisco System official put it, the approach is “most unusual” government-wide."... Freedom House, found in 2015 that internet freedom had declined for the fifth year in a row. (Singapore, by the way, ranks as only “partly free,” according to Freedom House. Among other actions, the government has cracked down on dissident bloggers and shut down a site under the Sedition Act.) ..."

Singapore warns on Pink Dot sponsorship:

The government of Singapore has warned big business against their sponsorship of a gay pride rally. Pink Dot’s sponsors include global corporate powerhouses such as Goldman Sachs, JPMorgan, Barclays and Google. Video above published by FT.com. See also: pinkdot.sg.

•  The sad saga of dot GAY continues at ICANN: 13 September 2016 Letter from Arif Hyder Ali to the ICANN Board (pdf) re: New gTLD application for .GAY. (Ali is Partner, Co-Chair of International Arbitration Group, Dechert LLP.)

•  New gTLDs"The trend is not looking good for the new domain extensions. Overall, the total number of registrations for the top 10 extensions has been down -- from 14.7m on September 10 to 14.1m today [Oct 1, 2016]."--Coreile.com (emphasis added).

•  ICANN Independent Review Process (IRP) and Cooperative Engagement Process (CEP) Status Update (pdf; highlighting added) as of Sep 26, 2016, noted: 1) CEP requested Sep 14, 2016, by DotMusic Limited re .MUSIC; 2) .AMAZON IRP Second Administrative hearing Sep 30, 2016.

•  U.S. jurisdiction: 9/11 Families May Not Be Able to Sue Saudis After All--Bloomberg.com.


Tech News:
  1. End of the Google Search Monopoly: 55% of people in the U.S. start their product searches on Amazon.com $AMZN--prnewswire.com; Google $GOOG can withstand the pressure from Amazon because its advertising revenue is diversified (e.g., video ads on streaming site YouTube.com), says Ali Mogharabi, analyst at Morningstar--Bloomberg.com. But maybe notAmazon’s Echo is the Next Search Bar--Variety.com: "Google is telling home audio vendors they won't be allowed to add competing smart assistants like Alexa if they want to continue to use Google Cast;" and note Amazon's new Twitch Prime"... free game loot every month ... discounts on new-release box games ... an ad-free viewing experience, exclusive emotes and chat badge, and one free channel subscription every 30 days ..." 
  2. Samsung's new 'safe' Galaxy Note 7 phones reportedly overheat, explode--telegraph.co.uk.
  3. Google will release 'Pixel 3' laptop with 'Andromeda' OS in Q3 2017--AndroidPolice.com. Watch the Google's October 4th event online. Note also Google Neural Machine Translation system (GNMT)--research.googleblog.com; and G Suite | gsuite.google.com (formerly Google Apps for Work).
  4. Twitter $TWTR in Play: Is the Price Too High? (video)--DomainMondo.com
  5. Facebook Profits over Privacy? $FB appeals German order on WhatsApp data--Reuters.com.
  6. India made the biggest leap in the 2016-17 global competitiveness index--Quartz | qz.com. In the 2016-17 rankings, U.S. ranked 3rd, China 28th, and India, Asia’s third-largest economy, ranked 39th among 138 countries. Last year, India was at 55.
  7. How one Amazon Kindle scam made millions of dollars--ZDNet.com"For years, thousands were tricked into buying low-quality ebooks." [Sounds like one of ICANN's shadier new gTLD Registry operators must have previously sold 'low-quality ebooks.']
  8. NPR.org"We are on the threshold of possibly understanding both now and the flow of time."

MacroView:
  1. Deutsche Bank: What the Hell is Going On?--MishTalk.comSee also I’m in Awe of How Fast Deutsche Bank is Falling Apart--WolfStreet.com"This is how Lehman came unglued. Slowly and then all of a sudden;" and EU Banking Mayhem--WolfStreet.com: "The can has been kicked down the road for years. Now negative interest rates appear to have inadvertently crushed the can." Express.co.uk: "Eurozone's banking system could implode, dragging the euro down with it, if Angela Merkel's government allows Deutsche Bank to fail." Finally, Deutsche Bank's Troubles, Europe's Failures | Bloomberg.com Editorial: "... recapitalization. That means performing stress tests that reveal the true scale of banks' needs, figuring out which institutions can and should be allowed to fail, and providing public funds to shore up the rest if necessary."
  2. Near ‘Collapse,’ Minnesota to Raise Obamacare Rates by Half | Bloomberg.com"The increases range from 50 percent to 67 percent, Commissioner Mike Rothman’s office said in a statement. Rothman, who regulates the state’s insurers, is an appointee under Governor Mark Dayton, a Democrat. The rate hike follows increases for this year of 14 percent to 49 percent."
  3. Election 2016's BIG BUCKS: Wall Street's favorite Hillary Clinton (raising and) outspending Trump 3 to 1 ($526 million vs $182 million, including SuperPACs) through August, 2016 says Bloomberg.com but is it enough to "buy the election?" See also This Chart Predicts Trump Will Win, Unless the S&P Rallies in October | Bloomberg.com and The Debate | Lefsetz.com"I can’t remember a thing Hillary Clinton said ... Hillary’s out of touch. She’s so focus-grouped that she’s lost her identity ... [and] I want Hillary Clinton to run my government ..." see also Fed on ropes as Yellen seeks to fend off Trump blows--FT.com"Populist attacks from all sides make central bank [US Federal Reserve] vulnerable to calls to rein it in, say analysts." Finally, more on why you should be "skeptical of polls" from Bloomberg.com.
  4. Reckoning Comes for U.S. Pension Funds as Investment Returns Lag: "It’ll require increased pension contributions on the part of the states and local government, but most state and local governments don’t have the ability to do so."--Bloomberg.com. See also How a pension deal went wrong and cost California taxpayers billions | LATimes.com"It was a deal that wasn’t supposed to cost taxpayers an extra dime ... California [Democrat] Gov. Gray Davis signed legislation that gave prison guards, park rangers, Cal State professors and other state employees the kind of retirement security normally reserved for the wealthy ... taxpayers will bear the consequences for decades to come."

Four most popular posts (# of pageviews Sun-Sat) this week on DomainMondo.com:
  1. News Review [25Sep]: BIG Winners of the Week ICANN and TRUMP
  2. Twitter $TWTR in Play: Is the Price Too High? (video)
  3. GoPro CEO on New Camera Drone, Company Performance (video)
  4. End of the BlackBerry Phone and How Smartphone Batteries Catch on Fire
Honorable mention: IANA Transition: What the U.S. Government Is Really 'Giving Up'

• 4 Other Reading Recommendations:
  1. Meet the California Couple Who Uses More Water Than Every Home in Los Angeles Combined | MotherJones.com: Meet "the top 1 percent wrapped in a green veneer, in a veneer of social justice."
  2. The Financial Basket Of Deplorables | tonyisola.com: "... choose transparency, low fees and an investment advisor who will look out for your best interests."
  3. Taking the Stealth Out of [Stealth] Editing | NYTimes.com re: the New York Times' bad habit of changing stories and acting as if nothing was changed. 
  4. The Top Idea in Your Mind | PaulGraham.com"I'd noticed startups got way less done when they started raising money ... The problem is that once you start raising money, raising money becomes the top idea in your mind. That becomes what you think about when you take a shower in the morning. And that means other questions aren't ... I've found there are two types of thoughts especially worth avoiding ... One I've already mentioned: thoughts about money ... The other is disputes ... avoid disputes if you want to get real work done ..."

-- John Poole, Editor, Domain Mondo 

feedback & comments via twitter @DomainMondo


DISCLAIMER

2016-08-21

News Review: IANA Stewardship Transition, Vint Cerf Retrospective (video)

"The U.S. government was the origin of this project [the internet], it started in the Defense Department, and I am very proud, not only of the Defense Department but other parts of the U.S. government including the National Science Foundation, and now NTIA, for persistently stepping away from control over this system and turning it over to a multistakeholder operation … this [the IANA transition] is the last step--Vint Cerf, August 17, 2016, see this week's FEATURE below.

Domain Mondo's review and look ahead [pdf], starting first with the macro view, the big picture, after cutting through all the noise:

•  Soros Doubles Down on Bet Against the S&P 500: According to WSJ.com, famed billionaire investor George Soros is shifting his fund’s focus back to the "big-picture economic global view that earned him recognition as he steadfastly continues to warn of a coming financial crisis, much as he did leading to the 2007 crash."  He continues to unwind his exposure to China "which he’s placed at the center of the next financial storm" along with commodities. He has a large derivative position on the SPDR S&P 500 ETF, the most widely traded fund that tracks the broad S&P 500 stock index. See also "Legendary Trader" Paul Tudor Jones Emerges As Latest Mega Bear With Record Surge In S&P Puts | ZeroHedge.com (Aug 19, 2016). NYSEARCA: SPY chart below:
NYSEARCA: SPY
•  Tencent (tencent.com) is now China's most valuable tech company, passing Alibaba (alibabagroup.com). Tencent's total revenue for Q2 2016, including its apps QQ (QQ.com) and WeChat (WeChat.com), came in at $5.38 billion. Read more: Tencent Surges; Becomes China's Most Valuable Tech Company | TheStreet.com. and Tencent Performance Highlights in Q2 2016 | ChinaInternetWatch.com: "WeChat monthly active users reached 806 million in Q2 2016." Note:
"China’s internet is fundamentally different from the one used in much of the rest of the world ...'It’s a closed environment, and you have to be quite different to compete in that market.' Two decades after Beijing began walling off its homegrown internet from the rest of the planet, the digital world has split between China and everybody else."--NYTimes.com (emphasis added)
•  2016 Olympics end August 21 but Brazil already knows Hosting The Olympics Is A Terrible Investment | FiveThirtyEight.com"Research has repeatedly shown that in most cases the Olympics are a money loser for cities, particularly those in developing nations where the cost-benefit proposition tends to skew even worse."

•  U.S. Market:

•  Election 2016 Update: As usual in U.S. politics, things don't get serious until after Labor Day (September 5). Best to avoid the media "noise" until then. Jeffrey Gundlach predicted in January that Trump would win the Presidency, and hasn't backed off that prediction despite recent polling numbers and a pro-Clinton, anti-Trump, establishment media onslaught for weeks now. In fact, Gundlach now says:
"The centerpiece of my thesis on Trump remains that Hillary Clinton is an incredibly bad candidate. She will have plenty of stumbles in the stretch run and, at the end of the day, WikiLeaks is going to take her down. Julian Assange wants to time the releases of these horrific emails to coincide with maximum damage and I think there is plenty more to come. Say what you want about Trump, about his volatility and his inconsistency, Hillary will be deemed to be the unacceptable candidate. All Trump has to do is be as steady as possible and she will fall by the wayside."
Trump's biggest challenge? "Convince the country, as he had almost done by Cleveland, that he is an acceptable, indeed, a preferable alternative"--Don't Count Yer Clintons Yet - It Ain't Over Till It's Over | ZeroHedge.com. Trump doesn't have to match Clinton in fundraising, he has enough funding (Mercer, Adelson et al) to be competitive. He doesn't have to match the Clinton political operation, he has enough political operatives via the RNC, and Kellyanne Conway et al, to be competitive. Trump's biggest challenge (other than biased media* coverage) may be Trump. Read more here. [UPDATE August 21, 2016: Trump (45%) now leads Clinton (43%) in the Presidential Race according to the USC Dornsife / Los Angeles Times poll | latimes.com.]
*Media bias update August 21, 2016: American journalism is collapsing before our eyes | NYPost.com: "The largest broadcast networks — CBS, NBC and ABC — and major newspapers like The New York Times and Washington Post have jettisoned all pretense of fair play. Their fierce determination to keep Trump out of the Oval Office has no precedent."  See also Glenn Greenwald on Donald Trump, the DNC hack, and a new McCarthyism | slate.com:"The U.S. media is essentially 100 percent united, vehemently, against Trump, and preventing him from being elected president."

• FEATURE: IANA Stewardship Transition - Full Speed Ahead!
The Obama administration (NTIA) made it crystal clear this week that the IANA functions contract will expire effective October 1, 2016, notwithstanding dissenting voices in Congress and elsewhere (see below). Read more at NTIA Tells ICANN: IANA Functions Contract Will Expire October 1, 2016. Vint Cerf gave a retrospective on ICANN and the IANA transition in a Bloomberg West interview this week:


Video above starting at 12:10: Vint Cerf Talks the Future of the Internet on 'Bloomberg West'--Google Chief Internet Evangelist Vint Cerf, often referred to as the "father of the Internet," on Bloomberg West, August 17, 2016, to discuss ICANN and the IANA Stewardship Transition, including the National Telecommunications and Information Administration's (NTIA) decision to allow the IANA functions contract expire October 1, 2016. 

•  Last Call for the Open Internet | WSJ.com by L. Gordon Crovitz: "... The administration naively thought crafting an alternative to U.S. oversight, which it dismissed as “largely clerical,” would be easy. By now it’s clear Mr. Obama’s solution to the nonproblem of U.S. protection is too half-baked for anyone who cares about the free and open internet." See also NTIA Violates Federal Law with IANA Transition | TechPolicyCorner.org.

•  ICANN the Machine… | CircleID.com by Shaul Jolles, Dot Registry CEO"ICANN's new gTLD expansion is really quite an ingenious ploy to grow the once small California non-profit into an unstoppable machine, worth hundreds of millions of dollars, which soon plans to finally be free from any external oversight. I have no doubt that ICANN pats itself on the back for pulling the wool over so many eyes, including stakeholders, new gTLD applicants, politicians, and the global general public ..." (emphasis added)

•  Dot Registry IRP Declaration: Of the 18 Independent Review Process (IRP) proceedings brought to date to hold ICANN accountable for its actions, only three claimants have succeeded: ICM Registry (.XXX), DCA Trust (.AFRICA), and Dot Registry (.LLC, .INC and .LLP). All three were represented by Dechert LLP (dechert.com) lawyers, who recently wrote: Accountability and Transition in ICANN’s New gTLD Program | Lexology.com"... the importance of the Dot Registry Panel's decision lies in its recognition that ICANN, as the regulator of the Internet, a global resource, must be held accountable for its actions. Today, ICANN is pressing for the privilege to oversee Internet governance without oversight by the U.S. or any government. This privilege comes with immense responsibility and requires accountability. As ICANN enters into the next phase of its transition away from U.S. government oversight, the global internet community will be watching to see whether ICANN undertakes much needed reforms." (emphasis added)

•  A Lasting Legacy of Fadi's Follies: 1) Why does ICANN need 3 HubsL.A. is a large multi-ethnic 24x7 world-class metro, more than capable of staffing (even remotely) a 24-hour support center for the global internet community; 2) Why is one of those "hubs" located in Istanbul, Turkey, of all places?
Turkey to Release Tens of Thousands of Prisoners to Make Room for Coup Suspects | NYTimes.com"Turkey said on Wednesday that it would empty its prisons of tens of thousands of criminals to make room for the wave of journalists, teachers, lawyers and judges rounded up in connection with last month’s failed coup."  Economist.com reports Turkey’s drift away from the West is accelerating as the government and most Turks believe Europe and the U.S. had something to do with the Turkish coup attempt. See also: A Parallel State | n+1 | nplusonemag.com: "Over the past ten years, the prospect of a coup has been the [Turkish] government’s pretext for suppressing every conceivable opposition."
Brick-and-mortar "hubs" for organizations like ICANN are inefficient relics of the twentieth century, indicative of a hierarchical organization or the narcissistic empire-builder mentality of its leadership, rather than the needs of a streamlined, flat organization, connected globally through the cloud, empowering its stakeholders and workers to engage and work remotely throughout the world, without need for edifices or facades.

•  Cannell Capital Sells 19,881 Shares in new gTLD registry operator Rightside Group Ltd.  An amended 13D filing with the Securities and Exchange Commission dated August 12, 2016, shows J. Carlo Cannell‘s Cannell Capital has lowered its stake in Rightside Group Ltd. (NASDAQ: NAME) to 1.21 million shares which account for 6.29% of the company’s outstanding stock. The fund previously held 1.23 million common shares, according to its latest 13F filing for the reporting period of June 30. Cannell Capital stated in the 13D filing:
"Mr. Cannell reserves the right to discuss various views and opinions with respect to the Company [Rightside] and its business plans with the Company or the members of its senior management. The discussion of such views and opinions may extend from ordinary day-to-day business operations to matters such as nominees for representation on the Company’s board of directors, senior management decisions and extraordinary business transactions. Mr. Cannell reserves the right to take such action as he may deem necessary from time to time to seek to maximize the value of the Shares. Such actions may include, but may not necessarily be limited to, pursuit of strategic initiatives to enhance shareholder value."
Remember Carlo Cannell's letter to Rightside ($NAME) earlier this year? It's a classic:
"While I am a believer in new gTLDs, it is going to be many years before their revenue in any way materially approaches the revenue potential of our registrar operations. In my view, NAME’s registrar has become like a crazy aunt kept in the basement, one that you refuse to adequately clothe or feed, but who steadfastly spins straw into gold used to subsidize a stable of largely substandard new gTLDs such as .democrat, .dance, .army, .navy, and .airforce. Most of these new gTLDs are irrelevant and will never be sold in material volumes. NAME is holding back the growth potential of your registrar by pushing garbage extensions to a user base that quietly knows better."--J. Carlo Cannell, Cannell Capital LLC, February 19, 2016 (emphasis and link added)
Rightside (NASDAQ: NAME) shares are down -9.66% since August 11, closing Friday at $10.85.

•  ICANN's Competition, Consumer Trust, and Consumer Choice Review Team (CCT-RT) will be meeting in Vienna, Austria, on 29-30 August 2016. The CCT-RT face-to-face meeting agenda includes an Analysis Group economic study that is examining pricing trends and competition indicators in the Global Domain Name market, the Nielsen registrant survey that is studying consumers' perceived trust and choice in the Domain Name System, and AM Global's interviews conducted with applicants. Join in-person to observe the meeting or online via Adobe Connect. More info here and on the wiki.

•  No comments close this coming week at ICANN.

•  Tech News:
  1. The Twilight of China’s Online Consumer Paradise | Bloomberg.com: "... Consumer loyalty means nothing in China ... volume of private equity and venture capital flowing into China’s tech sector, as well as investments in the country as a whole, peaked last fall ... “The slowdown is a global phenomenon, and it’s still ongoing: we’re in the middle of the winter,” says Kai-fu Lee, founder of prominent VC firm Sinovation Ventures in Beijing. “The Chinese market has a tendency to accelerate uptrends as well as downtrends: When things are trendy, they will double or triple quickly – and then when they’re out of favor, they will drop like a brick.”"
  2. Google’s High-Speed Web Plans Hit Snags | WSJ.com"After initial rollouts prove costly, Google Fiber rethinks how to deliver connections in metro areas ... Now the company is hoping to use wireless technology to connect homes, rather than cables, in about a dozen new metro areas, including Los Angeles, Chicago and Dallas, according to people familiar with the company’s plans. As a result Alphabet has suspended projects in San Jose, Calif., and Portland, Ore."
  3. Uber and Lyft Replace Public Transportation in Florida and Colorado: "... the Uber partnership and partial ride subsidization proved significantly cheaper than maintaining a bus system. In its pilot program, the town pays for 50 percent of the cost of a ride (up to $3 per rider) and estimates the program will cost $40,000 a year--a quarter of what it cost to run two bus lines that were replaced by the arrangement. Lyft is set to launch a similar partnership in Centennial, Colorado, later this month."--POLITICO.com
  4. Chrome starts retiring Flash in favor of HTML5 | ArsTechnica.com"Non-visible Flash content blocked in September; Flash fully deprecated by December."
  5. Back to the Future: Nokia Android phones are comingsee BusinessInsider.com and Meet the man charged with reviving Nokia's phone brand | CNET.com.
Five most popular posts (# of pageviews Sun-Sat) this week on DomainMondo.com:
  1. News Review: ICANN Says It Is Ready for the IANA Transition, Is It Really?
  2. NTIA Tells ICANN: IANA Functions Contract Will Expire October 1, 2016
  3. Afilias Challenges New gTLD WEB Auction Results in Letter to ICANN
  4. Jet.com Deal: A $3 Billion Acquihire Botox Shot For Walmart? (videos)
  5. Facebook At War With Ad Blockers, But Ad Blocking Trend Increasing
10 Other Reading Recommendations:
  1. Market Manipulation? A $35 Billion Stock, an SEC Halt and Suspicions of Manipulation | Bloomberg.com: "Neuromama ... began to draw more scrutiny this year after its paper value more than quadrupled to $35 billion on scant volume. Before its suspension, the market cap of Neuromama, which was based in southwest Siberia before moving to a beach community near Tijuana, Mexico, was greater than even Tesla Motors Inc."
  2. Growth Hacking? How Lending Club’s Biggest Fanboy Uncovered Shady Loans | Bloomberg.com: "... Silicon Valley tends to venerate mildly deceptive tactics when they’re used in service of a scrappy upstart—it’s known as “growth hacking” ...  loans containing seemingly misleading information, tied to SEC-registered securities. Maybe it wasn’t fraud, but it wasn’t exactly transparent ..."
  3. I Hire Engineers At Google--Here's What I Look For (And Why) | FastCompany.com"... Yes, engineers need to be able to code ... on your resume, instead of listing your GPA (which we no longer use to determine candidacy), give us details about your experience at hackathons, coding competitions, or programming assignments at work. Just because it isn't an academic credential doesn't make it any less relevant. Not only does this create a more textured portrait of your abilities, it’s a great way to prove your engineering chops if you majored in sociology, for instance ..."
  4. Obama Administration Wants to Give You Money to Learn to Code. Here's Why That's a Problem | Bloomberg.com"Let me get this straight: They're going to partner untested for-profit entities with institutions with a proven track record of doing poorly by their students, and the Department of Education is expecting excellent outcomes?" said Alexander Holt, policy analyst at Washington-based think tank New America."
  5. Dinosaur Watch: Broadcast & Cable TV - TV Ratings: Rio [Olympics] Hits Competition Low on Friday | HollywoodReporter.com"... numbers are still down from London four years ago, but NBC Sports continues to see record returns from [online] streaming ..."
  6. 'Walmart destroyed retail' | BusinessInsider.com"The root of the problem, according to Kniffen, is that there are simply too many physical retail stores in the US. Kniffen isn't alone. Last week, Macy's CFO, Karen Hoguet, said in an earnings call that 'this country is over-stored, given evolving customer shopping habits.'" See also Walmart’s Out-of-Control Crime Problem Is Driving Police Crazy | Bloomberg.com.
  7. Bill Gross Warns "Central Bankers Are Destroying The Engine Of The Real Economy" | ZeroHedge.com
  8. Dollar Vans: The Economist.com"In parts of New York City, if you know what to look for, you will find a vast and quasi-legal transport network operating in plain sight. It is made up of “dollar vans”, private 15-passenger vehicles that serve neighbourhoods lacking robust public transport ..."
  9. UK’s Nuclear Future Threatened by Chinese Espionage, Brexit | WolfStreet.com: "The cancellation of Hinkley Point could crush EDF and the French nuclear industry – or is Britain’s move a Brexit negotiating ploy?"
  10. Virtu Never Loses (Well, Almost Never) in Quest to Upend Markets | Bloomberg.com"Virtu and other relative newcomers, including Jump Trading, DRW Holdings, and Citadel Securities, as well as smaller, nimbler enterprises, are filling voids created by new regulations and technologies."
-- John Poole, Editor, Domain Mondo 

feedback & comments via twitter @DomainMondo


DISCLAIMER

2015-03-25

ICANN CCWG-Accountability Co-Chairs March 25 Statement, Video

Video above published on March 25, 2015: Thomas Rickert, Co-chair of the Cross Community Working Group on Enhancing ICANN's Accountability details the journey the accountability process has taken from the ICANN 52 meeting in Singapore to the successful two-day in Istanbul.

The CCWG-Accountability Co-Chairs, Thomas Rickert, León Sánchez and Mathieu Weill, issued the following statement at Istanbul, on March 25, 2015 (emphasis added):

"Members and participants of the Cross Community Working Group on Enhancing ICANN Accountability (CCWG-Accountability) met in Istanbul, Turkey, on 23-24 March 2015. The meeting was attended in-person by 42 members and participants. A number of participants and observers joined the meeting remotely using the virtual meeting room. Three Advisors also participated.

"Guided by the four basic building blocks identified at ICANN 52 in Singapore, the group further discussed and refined accountability mechanisms that need to be either implemented or, at least, committed to before the transition of the IANA stewardship can take place.

"The meeting made progress on three main areas:
  • Enhancing ICANN's Mission and Core Values;
  • Strengthening the existing independent review process;
  • Mechanisms for community empowerment.
"Specifically, the group discussed changes that should be made to the Mission and Core Values inICANN's Bylaws. For example, the group discussed how key provisions of the Affirmation of Commitments (AoC) could be reflected into the Bylaws.

"Additionally, the group worked on strengthening the existing independent review process suggesting improvements to its accessibility and affordability, and discussed process design including establishment of a standing panel with binding outcomes and panel composition (diversity etc.). The IRP panel decisions would be guided by ICANN's Mission and Core Values. With regards to mechanisms for community empowerment, the group identified powers and associated mechanisms including the ability to:
  • recall the ICANN Board of Directors;
  • approve or prevent changes to the ICANN Bylaws, Mission and Core Values;
  • reject Board decisions on Strategic Plan and budget, where the Board has failed to appropriately consider community input.
"The CCWG-Accountability supported the concept of a Fundamental Bylaw that would provide additional robustness to key provisions. The Fundamental Bylaw would apply to:
  • the mission;
  • the independent review process;
  • the power to veto Bylaw changes;
  • new community powers such as recall of the Board and the right of the community to veto certain Board actions.
"Changes to the Fundamental Bylaws would require high standards for approval by the community.

"The notion of an empowered community involved discussion of community representation, i.e. who constitutes the community. The CCWG-Accountability is also aware that to wield these new powers, the community, however it is constituted, must itself meet high standards of accountability. ICANN's accountability would also be enhanced by ensuring its operations and processes are more globally inclusive.

"The group has engaged two law firms to provide independent legal advice and confirm feasibility of the suggested frameworks. The firms are Adler & Colvin and Sidley & Austin.

Adler & Colvin will be the primary source of advice on corporate governance law and California not-for-profit law. Sidley & Austin will be addressing international law and jurisdiction issues and any additional topic, as deemed appropriate.]

"As work progresses, all recommendations will be subject to the stress tests against contingencies already identified. The stress test methodology has been successfully tested against the draft accountability mechanisms.

"The CCWG-Accountability is confident that their proposed mechanisms will satisfy the needs of the CWG-Stewardship [Cross Community Working Group (CWG) to Develop an IANA Stewardship Transition Proposal on Naming Related Functions] as they look to stronger accountability protections. The CCWG-Accountability and CWG-Stewardship Co-Chairs met to update and fully brief each other on the progress made so far. They outlined key areas of accountability that the CCWG-Accountability Co-Chairs considered are most relevant for the current and ongoing work of the CWG-Stewardship. The CCWG-Accountability Co-Chairs will brief the CWG-Stewardship in the opening part of their face-to-face meeting on Thursday, 26 March.

Next Steps:

"The CCWG-Accountability will continue refining its recommendations. The community is expected to provide feedback during a public comment period to be held before ICANN 53, Buenos Aires meeting. The results of the public comment period will inform further deliberations during that meeting. The group is developing an engagement plan to ensure its proposals are widely known and understood, and to encourage comprehensive response to proposals during the public comment period. The CCWG-Accountability Co-Chairs recognize the outstanding volunteer work that has produced these substantive proposals in a very short period of time. The community's effort has been exceptional.

"About the CCWG-Accountability--The CCWG-Accountability was established to ensure that ICANN's accountability and transparency commitments to the global Internet community are maintained and enhanced in the absence of the historical relationship with the U.S. Government.

"The group has divided its work into two work streams (WS):
WS1 is focused on identifying mechanisms enhancing ICANN accountability that must be in place or committed to within the timeframe of the IANA Stewardship Transition;
WS2 is focused on addressing accountability topics for which a timeline for developing solutions and full implementation may extend beyond the IANA Stewardship Transition.

"The CCWG-Accountability consists of 177 people, organized as 26 members, appointed by and accountable to chartering organizations, 151 participants, who participate as individuals, and 46 mailing list observers. The group also includes one ICANN Board liaison, one ICANN staff representative, and one former ATRT member who serves as a liaison. In addition, there are 4 ICG members who participate in the CCWG-Accountability, including two who serve as liaisons between the two groups. Seven Advisors have also been appointed to contribute research and advice, and to bring perspectives on global best practices to enrich the CCWG-Accountability discussion. The CCWG-Accountability is an open group: anyone interested in the work of the CCWG-Accountability, can join as a participant or observers. Participants or observers may be from a chartering organization, from a stakeholder group or organization not represented in the CCWG-Accountability or currently active within ICANN, or self-appointed. For more information on the CCWG-Accountability or to view meeting archives and draft documents, please refer to their dedicated wiki." (source: ICANN)


2015-03-23

CCWG-Accountability, CWG-Stewardship, Istanbul Face-to-Face Meetings

As announced by ICANNCCWG-Accountability and the CWG-Stewardship will each have face-to-face meetings in Istanbul, Turkey, this week, 23-27 March 2015, in connection with the IANA Stewardship Transition and Enhancing ICANN Accountability processes

Meetings are open to observers through Adobe Connect (see below), and the working sessions will be recorded and transcribed. Note, however, these face-to-face meetings are working meetings for the CCWG-Accountability and CWG-Stewardship, and therefore participation is limited to members and participants.

CCWG-Accountability Schedule:
23 March - 07:00-16:00 UTC (time converter)
24 March - 07:00-16:00 UTC (time converter)

Virtual Meeting Room: https://icann.adobeconnect.com/accountability/
Provisional Agenda: https://community.icann.org/x/pAonAw

CWG-Stewardship Schedule:
26 March - 07:00-16:00 UTC (time converter)
27 March - 07:00-16:00 UTC (time converter)

Virtual Meeting Room: https://icann.adobeconnect.com/cwg-iana
Provisional Agenda: https://community.icann.org/x/1QonAw

For more information:

Domain Mondo archive