Showing posts with label collusion. Show all posts
Showing posts with label collusion. Show all posts

2018-04-28

Tech Review | Tech Regulation and Volatility in the VC Landscape (video)

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2018-04-28)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) Tech Regulation and Volatility in the Venture Capital Landscape, 2) New Era of European Startup Investing, 3) Investing: The Week, Investing Notes4) ICYMI Tech News.

1) Tech Regulation and Volatility in the Venture Capital Landscape

Trae Vassallo, Defy Partners Management (domain: defy.vc) managing director, discusses possible regulation of the tech sector and other current issues affecting the technology sector. She spoke with Bloomberg's Emily Chang on "Bloomberg Technology" April 17, 2018.

See also Blowback Against Facebook, Google And Amazon Is Just Beginning | ZeroHedge.com: "... people are starting to question the social and political costs of these tech darlings' dominance and the billions in profits they reap ... We all understand how Corporate Media undermines democracy: recall how every time Bernie Sanders won a Democratic primary in 2016, The New York Times and The Washington Post "reported" the news in small typeface in a sidebar, while every Hillary Clinton primary win was trumpeted in large headlines at the top of page one. But this sort of manipulation is visible; what Google and Facebook do is invisible ... Amazon is the embodiment of numerous destructive dynamics ..."

2) European VCs Raise Cash in New Era of Startup Investing

Dawn Capital (domain: dawncapital.com) General Partner Haakon Overli and Octopus Ventures (domain: octopusventures.com) CEO Alliott Cole discuss the hundreds of millions in new funding raised to invest in European startups. They joined Bloomberg's Caroline Hyde Tuesday on "Bloomberg Technology" April 19, 2018.

See also Why Venture Capital is Pouring Into Token Startups | YouTube.com Apr 13, 2018:  Lonne Jaffe, managing director at Insight Venture Partners (domain: insightpartners.com), discusses investing in cryptocurrency and technology startups with Bloomberg.com's Joe Weisenthal on "What'd You Miss.""

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week--NASDAQ Composite | S&P 500 Index | DJIA--markets basically "flat" for the week.
Investing Notes:
  • Q1 2018 earnings this past week on DomainMondo.com: Alphabet, Twitter, Facebook, Verisign, Amazon
  • Deutsche Bank Abandons Global Investment Banking: Deutsche will concentrate on its European home market, in contrast to UK-based Barclays, its main European rival. Barclays reported Thursday pre-tax profits at its corporate and investment bank rose 48 per cent in the quarter, beating Wall Street rivals with a 21 per cent surge in trading revenue (in US dollar terms).
  • Tech chaos blocks Spanish-owned bank's UK customers from their funds: Day 5 |  "But as they say here in Spain, haste can kill (la prisa mata)."--WolfStreet.com.

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
  • Amazon will raise the US price of Prime for the first time in 4 years, from $99 to $119; change will take effect for new subs May 11 and existing subs June 16--Recode.net

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


DISCLAIMER

2016-07-23

Comments to ICANN Proposed Amendments to Base New gTLD RA

After ICANN colluded in secret for 18 months with new gTLD registry operators, ICANN published for public comment Proposed Amendments to Base New gTLD Registry Agreement. Among other things, ICANN's Global Domains Division (GDD), headed by former ICANN CEO Fadi Chehade's crony Akram Atallah, proposed eliminating price increase transparency for new gTLD domain names, and allowing ICANN to grant discretionary fee waivers to new gTLD registry operators. Comments closed 20 Jul 2016 23:59 UTC. A total of 23 comments were filed, of which the first five below were particularly relevant for domain name registrants:
  1. Opposed to changes in contracts that reduce transparency of pricing, and that provide fee waivers to registries George Kirikos
  2. Re: Opposed to changes in contracts that reduce transparency of pricing, and that provide fee waivers to registries George Kirikos
  3. Business Constituency (BC) comment on Proposed New gTLD Registry Agreement Steve DelBianco
  4. Ratification Pending: ALAC Statement on the Proposed Amendments to Base New gTLD Registry Agreement ICANN At-Large Staff
  5. Comments from John Poole, Editor of DomainMondo.com, and domain name registrant 
  6. Proposal submitted by PointQuebec Normand Fortier
  7. Italian Comments Rita Forsi
  8. Support to comments ON THE PROPOSED AMENDMENT TO THE BASE NEW GTLD REGISTRY AGREEMENT Josu Waliño
  9. JPRS Comments - Proposed Amendments to Base New gTLD RA ENDO Atsushi
  10. European NGO Alliance for Child Safety Online (eNACSO)_Comments_BaseRA Frinchi, Flaminia
  11. Comment on Proposed New gTLD RA Amendment Ried, Bill
  12. Comments from CORE Association CORE Association
  13. Registries Stakeholder Group (RySG) comments on Proposed Amendments to Base New gTLD Registry Agreement Stephane Van Gelder
  14. Comments of India [GAC] Karine Perset
  15. Google Registry Comments - New gTLD RA Amendments Stephanie Duchesneau
  16. Proposed Amendments to Base New gTLD Registry Agreement Susan Payne
  17. BRG Comments - Proposed Amendments to Base New gTLD Registry Agreement 
  18. Comments on the proposed changes stated in section 1.7 of Spec 6 in the RA Bonnie Chun
  19. Comment from the Security and Stability Advisory Committee Julie Hedlund
  20. Comments Martin Joyal
  21. Comments Regarding Section 6.7 of the Proposed Registry Agreement Michael D. Palage
  22. Change to Registry Agreement Desiree
  23. IPC Comments on Proposed Amendments to the Base New gTLD Registry Agreement 
The full comment filed by the Editor of Domain Mondo is also available here (pdf), an excerpt:

"... September 30, 2016, is fast approaching, and ICANN management and staff, particularly at the “Global Domains Division” (GDD) seem ill-prepared--still engaging in unprofessional, incompetent, inept or opaque practices, as noted above and below, with hostility to the interests of the vast majority of domain name registrants worldwide .... Any waiver of registry operator fees in the arbitrary and sole discretion of ICANN management and staff is an open invitation to graft, corruption, and kick-back schemes reminiscent of the FIFA scandals. ICANN lacks a comprehensive and effective conflicts of interest and code of conduct applicable to every ICANN employee, and ICANN may have already engaged in questionable, if not illegal, behavior. See, e.g., How ICANN and ICANN CEO Fadi Chehadé Evade Accountability ... Most new gTLDs are failing and this has already been acknowledged by many in the new gTLDs industry ... If a registry operator cannot afford the modest fees charged by ICANN, they should go out of business. If anything, ICANN should first eliminate (or reduce), all of the registrant domain name registration and renewal fees, before it even begins to think about “waiving” registry operator fees. There are plenty of fools in the world with $185,000 to throw away, ICANN’s new gTLDs program is living proof of that. Next time they may learn to conduct a little “due diligence” before “drinking the kool-aid.” ... ICANN has been weakened, and perhaps corrupted, by creating a separate Global Domains Division (GDD) during the tenure of former ICANN President & CEO Fadi Chehade. While it allowed Chehade, who admittedly didn’t understand the domain name industry, to appoint his crony, Akram Atallah, to the second-highest paid position at ICANN, thereby allowing Chehade to travel and dabble in geo-politics with the Brazilians and Chinese (and others), and also allowed him plenty of time to hang out and party in Davos, Switzerland, at meetings of the World Economic Forum (on ICANN’s dime), the global internet community has not been well-served by the GDD:
  • GDD’s “Contract Compliance,” staffed with Chehade’s cronies, has been called an “unmitigated disaster;” 
  • The GDD’s crowning achievement to date has been the “dot SUCKS” fiasco
  • Indicative of the ICANN community’s lack of trust and confidence in the GDD is the fact that the only major change to ICANN structure, in the IANA transition plan, is separating the IANA Department from the GDD, into a new separate corporation. 
"Hopefully the ICANN Board and new ICANN President & CEO, in the near future, will reorganize ICANN’s corporate and operational structure, and staffing, abolish the GDD completely (a GDD President is one too many “Presidents” for ICANN), and move “Contract Compliance” into a separate division or department that includes consumer trust and protection, as well as domain name registrants’ remedies and advocacy, reporting directly to the ICANN President & CEO, and the ICANN Board."

Next Steps: According to ICANN, "Following the conclusion of the public comment period, ICANN and the Working Group will consider the public comments, and submit the proposed final version of the amendments for Registry Operator approval (according to the process defined in Section 7.6) and approval by the ICANN Board of Directors. If these approvals are obtained, the amendment will become effective upon 60 days notice from ICANN to the Registry Operators."

feedback & comments via twitter @DomainMondo


DISCLAIMER

2016-07-17

News Review: ICANN Secretly Colludes With New gTLD Registry Operators

DomainMondoShiningLight ©2013domainmondo.com All Rights Reserved
Domain Mondo's review and look ahead [pdf], starting with a macro view:
US (NYSE & NASDAQ) benchmark index S&P500 UP 2.29%, and
UK (London Stock Exchange) index FTSE100 UP 5.22% since Brexit vote on June 23
"... the arguments for big short-run damage from Brexit look quite weak ... Indeed, the rebound in British stocks, which are now above pre-Brexit levels, is already causing some backlash against conventional economists and their Chicken Little warnings. Sorry, people, sloppy thinking is always a vice, no matter what cause it’s used for." -- Paul Krugman, Nobel Prize-winning economist, June 30, 2016, NYTimes.com
 FEATURE: ICANN Secretly Colludes With New gTLD Registry Operators
"ICANN has always been and will continue to be subject to antitrust laws" --Larry Strickling, NTIA, July 14, 2016,  ICANN, NTIA, IANA Transition, Fundamental Problems, the Macro View | DomainMondo.com
On July 12, 2016, I emailed ICANN, asking several questions about the Proposed Amendments to Base New gTLD Registry Agreement, public comments to which now close 20 Jul 2016 at 23:59 UTC (extended from 13 July 2016).

In last week's News Review I noted:
"If you are a domain name registrant (particularly a new gTLD domain name registrant), read the comments already submitted by George Kirikos here and here, and submit your own comment by the deadline. All comments submitted may be read on the comments forum. Also note that ICANN said it would hold a webinar in June on the proposed amendments, but that turned out to be just another broken promise by the dysfunctional ICANN, confirming once again, that for ICANN, domain name registrants are just a resource for exploitation in the form of gTLD name registration and renewal fees, as well as exploitation by ICANN's contracted parties (gTLD registry operators and registrars). Always remember that ICANN leadership (former ICANN President & CEO Fadi Chehade, and his crony, ICANN Global Domains Division President Akram Atallah), referred to new gTLD registry operators as the true "customers" and "partners" of ICANN. Caveat Emptor." 
Below are excerpts from the questions I emailed (italics) and the responses I received from ICANN's Cyrus Namazi, together with my note follow-up comments:

Questions:
On 31 May 2016, Cyrus Namazi, ICANN Vice President, Domain Name Services & Industry Engagement, Global Domains Division, wrote a blog post on the ICANN.org website titled "Amending the New gTLD Registry Agreement" https://www.icann.org/news/blog/amending-the-new-gtld-registry-agreement stating:
"After nearly 18 months of discussions, the revisions proposed by the RySG that ICANN agreed to have been made available to the community for comment today ... ICANN plans to hold a webinar in June 2016 to review the proposed changes in detail and provide an opportunity for community members to ask questions. Stay tuned for an announcement with more information."
1. When and where was the ICANN webinar in "June 2016" held to "review the proposed changes in detail and provide an opportunity for community members to ask questions"?

2. What is the URL of the webpage where notice of the webinar, including its date and time and means of attending, was given to the ICANN community, or the global internet community of domain name registrants (who are directly and detrimentally impacted and affected by the proposal), which Mr. Namazi indicates was negotiated in secret ("discussions") over a period of eighteen (18) months, between ICANN and ICANN's Registries Stakeholder Group (RySG), representing ICANN's contracted parties which are each granted exclusive worldwide monopolies by ICANN (itself a soon-to-be "unregulated global monopoly")?

ICANN response: ICANN hosted a webinar using Adobe Connect titled, “Amending the New gTLD Registry Agreement” on 14 June 2016 at 16:00 UTC.  The webinar was publicized via direct email, sent  9 June 2016, to new gTLD applicants and gTLD registries subject to the amendment process. 

My note: In other words, domain name registrants are not part of the "ICANN community" and were not invited, received no notice, and were not allowed to attend ICANN's webinar to "review the proposed changes in detail" nor given an opportunity "to ask questions."

Question:
9. Is it the policy or customary practice of ICANN that domain name registrants, and their interests, are to have no representation in "negotiations" or "discussions" concerning material changes to Registry Agreements which directly and detrimentally impact or affect domain name registrants worldwide?

ICANN response: "Regarding your questions about the negotiations, ICANN was represented by its lawyers and a cross-functional team of staff members from its Global Domains Division, Contractual Compliance department, and Office of the Chief Technology Officer. Registries were represented by a working group appointed by the Registries Stakeholder Group, as specified in the base New gTLD Registry Agreement. Meetings took place about once per month and were conducted both telephonically and in-person at ICANN meetings."

My note: In other words, ICANN, the California corporation, had representation, as did new gTLD Registry Operators. Domain name registrants were not represented, although they are directly and detrimentally affected and impacted by the proposed amendments, and suffer from the continuing incompetence and hostility of ICANN management and staff towards domain name registrants. As noted last week, for ICANN, domain name registrants are just a resource to be exploited, financially and otherwise. For registrants, here is a resource for private antitrust actions--[http://www.antitrustinstitute.org/content/private-enforcement-antitrust-law-united-states-handbook]--yes, in the USA, unlike most of the world, private antitrust actions are allowed and encouraged. Also check out this introduction to "cartels and collusion." At this rate, some plaintiff antitrust law firms are going to get rich off arrogant ICANN and its new gTLD "partners," after September 30, 2016. And I'm sure Jones Day will gladly defend ICANN, to its last dollar! 

Comments also close this coming week at ICANN on Reference Label Generation Rulesets (LGRs) for the Second Level: Close Date 18 Jul 2016 23:59 UTC.

•  "Over 50% of [new gTLDs] will be operating at a loss for the next year"--New Top Level Domain Industry First Half 2016 Analysis & Insights (Infographic) | circleid.com.

•   90-day Root Zone Management System "Parallel Testing" Period Ends Successfully [6 July 2016] | ICANN.org"The authorization process step performed by NTIA will be removed upon the successful completion of the IANA Stewardship Transition, currently projected for 30 September 2016. Until then, the authoritative root zone file will continue to be produced by the production RZMS that contains the authorization step performed by NTIA."

•  Five most popular posts (# of pageviews Sun-Sat) this week on DomainMondo.com:
Most Domain Mondo readers this past week (top 3 countries): U.S.; Germany; France.

 Other Reading Recommendations:
  1. Keep calm and Brexit on: History suggests leaving Europe is great for Britain — Quartz | qz.com: " Do you think it reasonable that the United States should have to become a member of the EU and adopt all the EU laws and regulations in order to have free trade with it? Or, alternatively, that the EU should become a state of the United States?"
  2. Algorithms are noise-free. People are not.”--Daniel Kahneman’s Strategy for How Your Firm Can Think Smarter | knowledge.wharton.upenn.edu: "... human beings are unknowingly hamstrung by overconfidence, limited attention, cognitive biases and other psychological factors which inevitably cause errors in judgment. These factors affect everything from how we invest in stocks, to how we respond to marketing offers, to how we choose which sandwich to buy for lunch. “We’re fundamentally over-confident in the sense that we jump to conclusions — and to complete, coherent stories — to create interpretations,” said Kahneman. “So we misunderstand situations, spontaneously and automatically. And that’s very difficult to control.”  Furthermore, he said, much of human error is not even attributable to a systematic cause, but to noise.” “When people think about error, we tend to think about biases…. But in fact, a lot of the errors that people make is simply noise, in the sense that it’s random, unpredictable, it cannot be explained.”
  3. Keep an Eye on the [US$] Dollar: It’s More Important than Ever | WolfStreet.com: "... In a world where the debt of several major economic powers is trading at negative yields (you actually have to pay to hold German and Japanese government debt, for example), the dollar offers at least some return for those looking for a safe haven for their capital. That makes it an even better “fear indicator” than usual, and movement in the dollar is therefore likely to have an exaggerated effect on oil, where global demand is more important than local conditions..."
  4. Geopolitical WatchChina's claims over South China Sea rejected by Hague Tribunal | Shanghaiist.com
  5. Dinosaur WatchMicrosoft: Windows 10 won't hit 1 billion devices by mid-2018 | ZDNet.com"Since April 2015, the bottom has fallen out of the Windows Phone market, with Microsoft officials conceding that Windows Phone isn't much of a focus for Microsoft in calendar 2016."
Keep up with U.S. Election 2016 coverage, including the Trumpvention in Cleveland this coming week, on Domain Mondo's election page.

-- John Poole, Editor, Domain Mondo

feedback & comments via twitter @DomainMondo


DISCLAIMER

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