Donuts Inc.’s major play for new Web domain names raises fears of fraud

Donuts Inc

Donuts Inc

A historic land rush is underway for vast new swaths of the Internet: Amazon has bid for control of all the Web addresses that end with “.book.” Google wants “.buy.” Allstate wants “.carinsurance.” But the single most aggressive bidder for lucrative new Web domains is a little-known investment group with an intriguing name: Donuts Inc. Its $57 million play for 307 new domains — more than Google, Amazon and Allstate combined — has prompted alarm among industry groups and Internet watchdogs. Read the full story at The Washington Post.

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).