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Old net name to get new owner
Monday, 24 June, 2002
The hunt for a new owner of the ".org" net domain has begun. The net suffix needs a new owner because the existing overseer will give up control over the domain by the end of this year.
In all, 11 organisations and groups have put in bids to run ".org".
".org" is the electronic home of many non-profit groups, and many of the bidding groups are planning to support this non-commercial ethic by changing the way the suffix is managed.
This week, the Internet Corporation for Assigned Names and Numbers (Icann), the organisation that oversees the running of the net, revealed the list of bidders for the ".org" domain.
The domain is being released as part of a deal that its former owner, Verisign, struck with Icann.
By giving up control of the ".org" registry, Verisign got permission to keep control over the lucrative ".com" domain past the previously negotiated 2007 expiry date.
More details at: http://news.bbc.co.uk/1/hi/sci/tech/2062246.stm
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