The Inet Report

News and Information on the Internet

Commerce Department extends .com contract with VeriSign

(InfoWorld) - The U.S. Department of Commerce (DOC) has approved an agreement for VeriSign Inc. to continue to operate the .com domain for six more years, despite objections about pricing and security.
The department has approved the .com agreement submitted by the Internet Corporation for Assigned Names and Numbers (ICANN), the nonprofit organization that oversees the Internet’s technical infrastructure, VeriSign announced Thursday. The current .com contract expires in late 2007.
The approval comes even though domain-name registrar GoDaddy.com criticized the deal in September, saying it should include infrastructure build-out requirements and make the company justify built-in price increases. Also in September, registrar Network Solutions released a report saying ICANN has failed to address security in its latest proposals for the .com, .biz, .info and .org top-level domains.
But VeriSign officials noted that the .com domain has never crashed under its control during the last seven years.
The ICANN agreement "strengthens the security and stability of the Internet relied on [...]

Original post by NewsNetPlus search for internet and software by Elliott Back

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