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February 14, 2020 10:47 pm GMT

Prices for .com domains likely to jump thanks to Trump

Prices for .com domains likely to jump thanks to Trump

The price of .com domains could be about to go up and you can thank President Donald Trump.

Thanks to a new contract, Verisign can now jack up prices on .com domains — and companies could pass those higher costs onto consumers. 

First, here are the organizations you need to know about. The Internet Corporation for Assigned Names and Numbers (ICANN) is a not-for-profit corporation that has authority over the internet’s domain name system. The registry, Verisign, manages all .com domains on the web, and sells them wholesale to registrars like Namecheap and GoDaddy, which sell them to individuals and organizations. Read more...

More about Donald Trump, Domains, Icann, Domain Names, and Tech

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/aLoSmrn0ud8/

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