Showing posts with label TLD. Show all posts
Showing posts with label TLD. Show all posts

2019-06-23

News Review | ICANN65 June 24-27: EPDP, AMAZON & ICANN

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2019-06-23) with analysis and opinion: Features •  1) ICANN65, Marrakech, Morocco, June 24-27: EPDP, .AMAZON & ICANN, 2) Other ICANN news: New gTLD .AFRICA Litigation Update, 3) a. Voice.com Record Sale Price, b. Website Security & Malware, 4) ICYMI: The Internet Is Changing Africa, 5) Most Read.

1) ICANN65, Marrakech, Morocco, June 24-27
 ICANN65 Marrakech ©2019 DomainMondo.com (graphic)
Date & Time (24-hour clock) in Marrakech:

The ICANN Policy Forum is the second meeting in ICANN's three-meeting annual cycle, duration is four (4) days, and format is focused on SO/AC/SG/C policy work and outreach, and therefore:  no welcome ceremony;  no public forum(s);  no public board meeting.

ICANN65 Schedule (all times local Marrakech), *Schedule Highlights below:

*GAC: New gTLDs Subsequent Procedures Discussion 15:15 - 16:15, Mon, Jun 24 [10:15am EDT in U.S.] "Assess progress of PDP WG deliberations on issues of importance to the GAC. Discuss formation and operation of the GAC Focal Group on Subsequent Rounds of gTLDs."

*GNSO-EPDP Phase 2 Meeting (1 of 2)  8:30 - 15:00, Tue, Jun 25 --Notes & Action Items

*GNSO-EPDP Phase 2 Meeting (2 of 2)  8:30 - 15:00, Thu, Jun 27 --Notes & Action Items

EPDP background: CPH comments on Purposes (pdf), SO/AC/SG/C early input, and last week's News Review 2)b. Links to the EPDP meetings' recordings and transcripts (when available) are posted on the GNSO calendarOther EPDP Links: wikipublic mail list, legal memos & mail listGNSO mail listworksheetsdefinitions. Jun 20 meeting notes / action items.

*GAC: DNS Abuse Mitigation and dot Amazon Discussions 8:30 - 10:15, Tue, Jun 25
.AMAZON gTLD vs. Amazon homeland (graphic)
Editor's note: read Amazon wins ‘.amazon’ domain name, aggravating South American region and undermining digital commons | theconversation.com, excerpt:
"... At its inception, the internet was a great equaliser. It meant large and small businesses could compete with one another on a level playing field. ICANN has been entrusted with administering the internet and protecting it. That means protecting its broader purpose in society. ICANN appears to have forgotten that part of its role. It now charges costs USD$185,000 for a top-level domain name like “.amazon”. It’s not surprising that a company whose 2018 profits were reportedly USD$11.2 billion – for which it paid no federal taxes – was able to purchase the domain before an indigenous community in Brazil. The implications for the future of the internet are troubling. What was a global commons may become an exclusive field where those who have the most can acquire more. Those who have the least meanwhile lose even the right to use the name of their homeland." (emphasis added) [See also the author's letter to ICANN Board (pdf)]
The .AMAZON issues illustrate how ill-conceived and corrupt the entire .BRAND new gTLDs program is--a "brand" a/k/a "trademark" is neither monopoly nor generic, and therefore all ".BRAND gTLDs" fail as "generic top-level domains" (gTLDs), see RFC 1591. The .BRAND new gTLDs program was a way for incompetent, corrupt, unfit ICANN, and some of its contracted parties, i.e., registry service providers, to make money by extorting trademark holders--"apply for a .BRAND new gTLD or ICANN may sell your .BRAND (trademark) gTLD to someone else"-- e.g., see .PING testimony. Most .BRAND gTLDs are primarily a costly expense in trademark defense (instead, ICANN should have given trademark holders a right to block any gTLD application that infringes a legitimate distinctive trademark, and governmental authorities the right to block any gTLD application that is for a recognized or protected geographic term under applicable law). Unsurprisingly, many .BRAND gTLDs have been abandoned and returned to ICANN, while .BRANDs like .GOOGLE (and .AMAZON), in effect, contribute to the splintering of the internet into a few monopolistic platforms, smothering all competitors, undermining the digital commons and the core internet principle that all TLDs are "global public resources"--see U.S. amicus brief in the Weinstein case.
"... ICANN is a corrupt racketeering organization. It's a crime syndicate that advances interests of a few insiders at the expense of the masses and the general good. They have abused their power and their role ..."
The GAC-ICANN Board discussion re: .AMAZON (1:07:50-1:55:00) Wednesday morning via Livestream below:

*Evolving the Effectiveness of ICANN's Multistakeholder Model  17:00 - 18:30, Tue, Jun 25  (Livestream video below)

*Impacts of EPDP Phase 1 Recommendations on Other ICANN Policies and Procedures 15:15 - 16:45, Thu, Jun 27, 2019 (10:15am EDT) slide deck, Livestrean video below:

ICANN Meeting & Media Resources:
  • "A simple way to focus your attention is to listen with the intention of summarizing the other person’s point of view. This stops you from using your mental energy to work out your reply, and helps store the other’s words in your memory as well as identify any gaps in your understanding so you can ask questions to clarify."--fs.blog.

2) Other ICANN News
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
New gTLD .AFRICA Litigation Update: 
new gTLD .AFRICA (graphic)
DotConnectAfrica Trust, a Mauritius Charitable Trust, Plaintiff, v. Internet Corporation for Assigned Names and Numbers (ICANN), a California Corporation; ZA Central Registry, a South African non-profit company; and DOES 1-50, inclusive; Defendants:
new gTLD .AFRICA litigation in Los Angeles (case style)
May 21, 2019: "On the Court's own motion, the Trial Setting Conference scheduled for 05/21/2019, and NonJury Trial On Phase I (Estoppel) scheduled for 05/21/2019 are continued to 07/11/19  [July 11, 2019] at 10:00 AM in Department 53 at Stanley Mosk Courthouse ..."

3) Names, Domains & Trademarks: Website Security & Malware
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. Largest publicly reported all cash domain name sale in history revealed June 18, 2019, the $30 million sale of Voice.com, more than double the previous record of $13 million paid for Sex.com in 2010.

b. Website Security & Malware: More Than 150,000 Small-Business Websites in the U.S. could be infected with malware at any given moment--in one case, security firm SiteLock (sitelock.com) discovered the hackers had exploited a security hole in a Wordpress plugin--see A Cybersecurity Checklist for the Modern Small BusinessAlso: FBI warns users to be wary of phishing sites abusing HTTPS.

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
The Internet Is Changing Africa: cheap smartphones are flooding Africa, bringing internet access to many for the very first time, but there are problems: gambling, particularly sports betting in Africa's more developed nations, with about 60 million Nigerians aged between 18 and 40 betting daily.  China is investing in infrastructure, but with that comes Huawei equipment, e.g., China built the African Union building in Ethiopia, including installation of tapped networking equipment [the building was built in 2012 by the Chinese, the African Union's IT staff later discovered that the entire content of its servers was being transferred to China.]

WeChat Is Watching: WeChat's data centralization has inextricably linked it to all aspects of daily life in China and made it a cornerstone of the government's social-credit system.

2019-06-02

News Review | ICANN GNSO EPDP Phase 2 Battle Over Definitions

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2019-06-02) with analysis and opinion: Features •  1) ICANN GNSO EPDP Phase 2 Battle Over Definitions,  Next EPDP Meeting June 6, 2) a. .AMAZON Update, b. ICANN65 Prep Webinars,  c.ICANN & PTI Tax Returns, d. Public Comments, 3) 351.8 Million Domain Name Registrations?  4) ICYMI: Law Firms' Online Fake Reviews, and more, 5) Most Read.

1) ICANN GNSO EPDP Phase 2 Battle Over Definitions
Next EPDP Meeting Thursday, June 6, at 14:00 UTC (10am EDT), agenda, etc., hereaudiocast / phone (if needed) for observers. May 30th meeting notes and action itemsLinks to the EPDP meetings' recordings and transcripts (when available) are posted on the GNSO calendar. Other EPDP Links: wikipublic mail listGNSO mail list, and worksheets.

EPDP Team members to provide any additional comments on the working definitions draft by COB (close of business) Tuesday, June 4, 2019 (excerpt from the draft):
Some EPDP members have suggested deleting highlighted section above of "request of third parties for access" as inconsistent with GDPR, and in reference to Disclosure, insert "registration" -- "Disclosure refers to provision of non-public registration data to third parties."

Sarah Wyld (RrSG): "Right of Access under GDPR is the data subject's right, not a third party's right .... let's call access what the data subject does when they get their own data, and disclosure is when it's given to a third party" (May 30 meeting chat transcript, emphasis added).

From the EPDP public mail list:

Milton Mueller (NCSG): "I am still having trouble with this:
"The request of third parties for access to full set or subset of non-public gTLD domain name registration data through disclosure policy that is fully compliant with GDPR and developed as a result of the EPDP."
"This definition seems to be straining to get the word "access" into the definition even though the substance of the definition renders the word meaningless. Please do the following experiment. Delete the words "access to full set or subset of" from this definition. This is what you get:
"The request of third parties for non-public gTLD domain name registration data through disclosure policy that is fully compliant with GDPR and developed as a result of the EPDP."
"In other words, the definition works fine without the word access.

"So let's be frank and realistic. We have a solid legal basis for talking about access for data subjects and none for access for third parties. Ergo, there is no reason to include third party requests in the definition of "access" unless we are trying to leverage the definition to lead to a particular policy outcome.

"I respectfully suggest, again, that we stop wasting time trying to impose idiosyncratic and politically motivated definitions on the process, and move straight on to having the policy debate about what kind of disclosure processes and rights third parties are going to get. That, ultimately, is all that matters. The definitional stuff is just spinning our wheels with political spin and positioning." (emphasis added)

Reply from EPDP Chair Janis Karklins: "... we don't need to waste too much time on working
definitions. If after further reflections [EPDP] members will not be able to come to a consensual compromise, I will park the document in the folder - Chair's proposals ..."

UPDATE: Working Definitions draft June 5, 2019 (pdf) The EPDP Team was unable to come to a "consensual compromise" but one of the "action items" from June 6th meeting is "Support Staff to update the working definitions based on input received from the EPDP Team."

2) Other ICANN News
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a. .AMAZONThe Presidents of Peru, Colombia, Ecuador and Bolivia have denounced the ICANN Board decision on .AMAZON, a .BRAND new generic top-level domain (.BRAND new gTLD) applied for by Amazon EU S.à.r.l., a subsidiary of Amazon.com, Inc., formed primarily to dodge taxesPeru’s Martin Vizcarra, Colombia’s Ivan Duque, Ecuador’s Lenin Moreno and Bolivia’s Evo Morales vowed to join forces to protect their countries from what they described as inadequate governance of the internet.

Editor's noteas a follow-up to last week's News Review 2)b. .AMAZON Call To Action, I was advised by ICANN staff on Friday, May 31, 2019, that ICANN is receiving inquiries from several parties regarding the proposed .AMAZON PICs [pdf] (Public Interest Commitments). The .AMAZON PICs have not yet been posted for comment. ICANN is currently working with Amazon.com, Inc., to receive, review and prepare the PICs for publication, which will likely take at least a few more weeks, according to one ICANN staff member, and ICANN expects the PICs to affect all three .AMAZON applications (includes 2 IDNs). Once the PICs are ready for publication, they will be available within each Application's webpage for a 30-day comment period on the new gTLD microsite here:
Meanwhile negative comments on the .AMAZON applications continue pouring in at ICANN here.

b. ICANN65 Prep Week Webinars June 11-17
 ICANN65
ICANN65 Prep Week webinars June 11-17-- register by June 7, 2019 (more info at the link).
Note: the webinars will run in English; however the Policy Team's Policy Update webinar will run in both English and French. Recordings and materials will be posted here. Materials from Policy Team's Policy Update will also be available in French.

c. ICANN and PTI publish U.S. Tax Returns for Fiscal Year ending 30 June 2018.

d. Open Public Comment Periods Closing in June
 Open Comment Periods closing in June, 2019, at 23:59 UTC on the respective dates below:

3) Names, Domains & Trademarks: .COM & ccTLDs Grow in Q1, gTLDs 'Dying on the Vine'
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
351.8 Million Domain Name Registrations?  VeriSign, Inc. (NASDAQ: VRSN), announced (pdf), that the first quarter of 2019 closed with 351.8 million domain name registrations across all top-level domains (TLDs), an increase of 3.1 million domain name registrations, or +0.9%, compared to the fourth quarter of 2018 [see footnotes 1, 2, 3], and total domain name registrations have grown by 18.0 million, or +5.4%, year over year.

Editor's note: the biggest problem with Verisign's report is that it includes domain names in the .TK ccTLD. .TK is a free ccTLD that provides free domain names to individuals and businesses. Revenue is generated by monetizing expired domain names. Domain names no longer in use by the registrant or expired are taken back by the registry and the residual traffic is sold to advertising networks. As such, there are no deleted .TK domain names. At the end of the first quarter of 2019, there were 22.5 million .TK domain names counted in the total numbers published by Verisign, skewing the total for ccTLDs and overall total for all TLDs (top-level domains). The real number of total registrations is therefore likely not more than 330 million, 135 million ccTLDs, and 195 million gTLDs of which 141 million are .COM registrations. Therefore .COM has 72% gTLD marketshare and 43% marketshare among all TLDs (ccTLDs + gTLDs).
  • Top 10 Largest TLDs by Number of Reported Domain Names Q1 2019 (graphic opens in new window).
  • Excluding .TK, ccTLD domain name registrations increased 1.4 million in the first quarter of 2019, or +1.1%, compared to the fourth quarter of 2018. ccTLDs, excluding .tk, increased by 7.8 million domain name registrations, or +6.2%, year over year.
  • Total domain name registrations in new gTLDs were 23.0 million at the end of the first quarter of 2019, a decrease of 0.8 million domain name registrations, or -3.4%, compared to the fourth quarter of 2018. Year over year, registrations in new gTLDs increased by 2.8 million, or +13.8% (March 2018 - March 2019).
  • .COM: as of March 31, 2019, the .COM domain name base totaled 141.0 million domain name registrations, an increase of 2.0 million, or +1.4% compared to the fourth quarter of 2018. Year over year, .COM increased registrations by 7.1 million or +5.3%. 
  • .NETas of March 31, 2019, the .NET domain name base totaled 13.8 million domain name registrations, a decrease of  0.2 million, or -1.4% compared to the fourth quarter of 2018. Year over year, .NET decreased registrations by 0.6 million or -4.2%. .NET registrations have been declining continuously since 2016.
  • Background Data: As of Dec. 31, 2018, the .COM domain name base totaled approximately 139.0 million domain name registrations, while the .NET domain name base totaled approximately 14.0 million domain name registrations. As of Mar. 31, 2018, the .COM domain name base totaled approximately 133.9 million domain name registrations, while the .NET domain name base totaled approximately 14.4 million domain name registrations.
Verisign's first quarter 2019 Domain Name Industry Brief, as well as previous reports, can be obtained at Verisign.com/DNIB. Editor's notecompare this Verisign Q1 2019 report with Q1/2019  CENTRstats Global TLD Report (download here; interactive version here), discussed at News Review 2) a. Dying Domains - CENTRstats.

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
Law Firms' Online Fake Reviews: online reviews have become a critical marketing tool for law firms.  An ABA article advised law firms to be on the lookout for the “serious problem” of fake reviews, noting the New York State Attorney General has gone after companies that provided businesses with fake reviews. The Federal Trade Commission also frowns on deceptive online reviews. Law firms likewise could be liable for fake reviews.

A Tale of Two Internets--Today, there are two predominant flavors of internet on the menu–the U.S. offering dominated by its major tech companies, and the top-down, state-controlled version being spread in earnest by China. In many countries in Africa, communications infrastructure is still being built out, so assistance from Chinese companies is accepted with open arms.

China: President Xi Invites World To Join China In Building New Internet--zerohedge.com.

How the FTC Can Make Facebook Better--Fines Aren’t Enough--eff.org.

EU: Poland has challenged the EU's copyright directive in the EU Court of Justice (CJEU) on grounds it threatens freedom of speech on the internet.

The world will be freer, safer by smashing firewalls of closed societies (opinion)--thehill.com.

Internet Freedom in Central Asia beset by ‘technical’ difficulties. governments in the region routinely censor online speech for short-term political goals. Could Uzbekistan reverse the trend?--tol.org.

5) Most Read this past week on DomainMondo.com: 
graphic "Domain Mondo" ©2017 DomainMondo.com

-- John Poole, Editor  Domain Mondo 

feedback & comments via twitter @DomainMondo


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2019-05-19

News Review | Afilias vs ICANN, IRP UPDATE re: new gTLD .WEB

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2019-05-19) with analysis and opinion: Features • 1) Afilias vs ICANN, IRP UPDATE re: new gTLD .WEB,  2) a. Dying Domains - CENTRstats, b. Type-in Traffic? c.Domain Parking?  d..AMAZON, 3) ICYMI: ANTITRUST; 4) Other ICANN News: a. SSAC on WHOIS; b. ICANN GNSO EPDP meeting May 23, 14:00 UTC c. New Reg Data Policy; 5)Most Read.

UPDATE 16 Jun 2019: News Review 2)a. Afilias v. ICANN .WEB IRP Update.

1) Afilias vs ICANN, IRP UPDATE re: new gTLD .WEB 
Afilias Domains No. 3 Limited vs ICANN re: new gTLD .WEB -- Editor's note: another 'document dump' (with redactions) posted by ICANN.org:

Declaration of Procedures Officer 28 February 2019:

Request for New Procedures Officer  8 March – 9 April 2019:

Amended Request for Independent Review Process 21 March 2019--Editor's note: "DAA" refers to NDC’s Domain Acquisition Agreement with VeriSign. 

Relief requested (p.25):
Editor's note: short on time? Read the Amended IRP Request, Zittrain and Sadowsky, skip the rest.

See also:

2) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. CENTRstats Global TLD Report Q1/2019: Download here; interactive online version of the report here. Highlights from the report:
  • The global TLD market is estimated at around 351 million domains [domain name registrations] across 1486 recorded TLDs. Total gTLD domain name registrations are 194 million of which 71% are under .COM.
  • The median domain growth of all TLDs has hit a record low of 3.4% year over year;
  • Only .COM is growing among the top 4 gTLDs -- the annual rates of +growth or -decline are as follows:  .com +5.2%.net -4.5%.org -1.9%.info - 24.2%.
  • As noted above, 71% of all gTLDs' domain name registrations are under .COM, which is also the world's largest TLD, with a 40% market share among all top-level domains (TLDs = ccTLDs + gTLDs);
  • 267 ccTLDs have a combined market share of 45% among all TLDs.
  • New gTLDs, "which include well over 1000 TLDs, have a little under 10% of the market and show no immediate sign of increasing that"... "gTLDs will face challenges in the coming months given other registration trends such as a declining create ratio, an increasing delete ratio and a relatively low renewal rate median of 64%."
Editor's note: the data and statistics compiled and reported by CENTR, an association of European ccTLD registries, is vastly superior to anything ever produced by incompetent ICANN.  Unlike ICANN, CENTR properly defines "registrant" [not "Registered Name Holder"]:
Registrant – "The individual or organisation that registers a specific domain name. A registrant holds the right to use that domain name for a specified period of time."
One possible future option for the global internet community is to have the world's ccTLDs run the IANA functions in view of the dysfunction at ICANN and its continuing debasement of the world's gTLDs.

b. Type-in Traffic? Chrome browser users who type characters into the address bar may notice the Google Chrome Browser prioritizes Google's search page over the intended destination (URL or  domain name)--ghacks.net. Example below:
Note: top line above is the user's entry into the Chrome address bar
c. Domain Parking? Multi-Million Dollar Domain Portfolio Owner says “Don’t Bother”--strategicrevenue.com. Editor's note: the Google & Facebook duopoly killed the advertising model.

d. .BRAND new gTLD .AMAZON:
On 15 May 2019,  the ICANN Board took action in accordance with the process established in the ICANN Board resolution adopted 10 March 2019, and in recognition of all input received, directing ICANN org to continue processing the .AMAZON applications toward delegation. The next step in the process is publication of the Public Interest Commitments (PICs), proposed by the the applicant, for a 30-day public comment period, per the established procedures of the New gTLD program. See 17 May 2019 Letter from ICANN CEO Göran Marby to Amb. Alexandra Moreira Lopez re: new gTLD .AMAZON.

3) ICYMI Internet Domain News: Antitrust
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
ANTITRUST: U.S. Supreme Court dealt Apple major setback in App Store antitrust case--the iPhone users argued that Apple’s 30% commission on sales through the App Store is an unfair use of monopoly power resulting in inflated prices passed on to consumers. Apple unsuccessfully argued that only app developers, not users, should be able to bring such a lawsuit. Justice Brett Kavanaugh wrote the 5-4 majority opinion, joined in by the high court’s liberal justices. See also:
  • A New Google Antitrust Probe Could Spell Trouble for Its Auto Domination Plans--fortune.com.
  • ISP Antitrust: "Don’t Let California’s Legislature Extend Broadband Monopolies for Comcast and AT&T"--eff.org.
Editor's note: ICANN and its gTLD Registry Operators Next?

4) Other ICANN News
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a.  ICANN Security and Stability Advisory Committee (SSAC)
SSAC 3 May 2019 letter to ICANN (pdf) excerpt: "WHOIS query statistics provided to ICANN by [gTLD] registry operators as part of their monthly reporting obligations are generally not reliable." (emphasis added).

b. ICANN GNSO EPDP Next Meeting May 23, 14:00 UTC (agenda, etc. at the link).
UPDATE: for the May 23rd meeting, see: Revised Draft Approach (pdf); RySG members feedback on proposed approach; comment of Alan Woods on access vs disclosure; comment of Milton Mueller on collaborating with ICANN Org, and his access/disclosure comment.

See also:
EPDP meeting recordings and transcripts (when available) are posted on the GNSO calendar. EPDP Links: wikipublic mail listGNSO mail list. See last week's News Review for more info, including the ICANN Board's rejection of two EPDP Phase 1 recommendations.

c. ICANN gTLD Registries and Registrars Required to Implement New Interim Registration Data Policy by 20 May 2019--ICANN.org.

5) Most Read this past week on DomainMondo.com: 
graphic "Domain Mondo" ©2017 DomainMondo.com

-- John Poole, Editor  Domain Mondo 

feedback & comments via twitter @DomainMondo


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2019-04-25

VeriSign $VRSN Q1 2019 Earnings LIVE Webcast, April 25, 4:30pm EDT

 $VRSN Q1 2019
VeriSign, Inc. (NASDAQ: VRSN), earnings call for the first quarter 2019: Thursday, 25 April 2019, at 4:30 p.m. EDT  via listen-only LIVE webcast and teleconference call direct dial at (888) 676-VRSN (U.S.) or (786) 789-4776 (international), conference ID: Verisign. An audio archive of the call will be available at https://investor.verisign.com/events.cfm. Transcript here.

UPDATE 25 Apr 2019: Verisign First Quarter 2019 Results (pdf)
First Quarter GAAP Financial Results: VeriSign, Inc. and its subsidiaries (“Verisign”) reported revenue of $306 million for the first quarter of 2019, up 2.4 percent from the same quarter in 2018. Verisign reported net income of $163 million and diluted earnings per share (diluted “EPS”) of $1.35 for the first quarter of 2019, compared to net income of $134 million and diluted EPS of $1.09 for the same quarter in 2018. The operating margin was 65.4 percent for the first quarter of 2019 compared to 62.0 percent for the same quarter in 2018.

Financial Highlights: Verisign ended the first quarter of 2019 with cash, cash equivalents and marketable securities of $1.25 billion, a decrease of $17 million from the end of 2018. During the first quarter of 2019, Verisign repatriated $249 million of cash held by foreign subsidiaries, net of foreign withholding taxes. Cash flow from operating activities was $187 million for the first quarter of 2019, compared with $90 million for the same quarter in 2018. Deferred revenues as of March 31, 2019 totaled $1.05 billion, an increase of $29 million from the end of 2018. During the first quarter of 2019, Verisign repurchased 1.0 million shares of its common stock for an aggregate cost of $175 million. As of March 31, 2019, there was $891 million remaining for future share repurchases under the share repurchase program which has no expiration date. 

Business Highlights: Verisign ended the first quarter of 2019 with 154.8 million .com and .net domain name registrations in the domain name base, a 4.4 percent increase from the end of the first quarter of 2018, and a net increase of 1.82 million during the first quarter of 2019 [Editor's note: .net registrations actually declined (see this News Review 4)a.), so the growth is all attributable to .com]. During the first quarter of 2019, Verisign processed 9.8 million new domain name registrations for .com and .net, compared to 9.6 million for the same quarter in 2018. The final .com and .net renewal rate for the fourth quarter of 2018 was 74.3 percent compared with 72.2 percent for the same quarter in 2017. Renewal rates are not fully measurable until 45 days after the end of the quarter.

Editor's note: during the conference call webcast 25 Apr 2019, CEO & Chairman James Bidzos said Verisign was in negotiations with ICANN in regard to .COM pricing and Amendment 35 to the  Cooperative Agreement with the US government (NTIA), but had nothing to report of substance, and likewise, there was nothing new to report in regard to .WEB other than Verisign is still attempting to intervene as a party in the pending arbitration (IRP), Afilias vs ICANN. Guidance for total 2019 (domain name base) growth in .COM & .NET combined: 2.5 to 4.25 percent.

VeriSign, Inc. (domain: verisign.com), is registry operator for .COM and other Top-Level Domains (TLDs), manager of 2 of the world's DNS root zone's 13 authoritative name servers, serves as the root zone maintainer, and is a global provider of other domain name registry services and internet infrastructure. VeriSign's headquarters: Reston, VA; Chairman & CEO: D. James Bidzos.
$VRSN


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