Second last-resort gTLD auction raises $14.3m

by Kevin Murphy
ICANN has raised $14.3 million auctioning off three new gTLDs — .buy, .tech and .vip. It was the second batch of “last resort” auctions, managed by ICANN and Power Auctions, in which the winning bids are placed in a special ICANN fund. Notably, while Google participated in all three auctions, it failed to win any, setting a reassuring precedent for any smaller applicants that ...Read the full article