SnapNames.com on Monday was hit with a class-action suit after it was revealed Friday that a former top executive secretly bid on as many as 50,000 domain name auctions over the past four years.
Bidders at a domain name auction in Hollywood snapped up domain names including Porn.net, Bookmarks.com and Alimony.com for five-and six-figure amounts this week.
Online marketing solutions company Oversee.net has acquired domain registrar Moniker for an undisclosed sum. Oversee.net purchased Moniker today from Seavast Corp, which operates a leading online ad network.