Afilias loses $600,000 auction for Chinese “.info”

by Kevin Murphy
The results of the first “auction of last resort” in the new gTLD program are in, and it’s a bit of a head-scratcher. Afilias lost out to rival applicant Beijing Tele-info Network Technology in the ICANN-backed auction for .信息 which means “info” or “information” in Chinese. The winning bid was $600,000, ICANN said.Read the full article