NAB acquires nab.com

[Shane]

Story in today's Fin Review:

http://www.afr.com/business/banking...n_code=nocode&promote_channel=social_facebook

Nice to see Robert Kaay quoted in the article.

 

[Superfish]

2.5M - not bad for sitting on it for 20 years!

 

[findtim]

they typo'd his name !

 

[Scott7]

they typo'd his name !

Move over folks, there's a new spelling guru in town — FindTim's Proofreading Service.

 

[snoopy]

The movement towards .com continues to creep along and will probably hasten with .au creating confusion and weakening the au cctld. AUDA got it badly wrong focusing on new tlds as a major threat. Too much time at ICANN meetings and listening to Ausregistry nonsense.

I would guess another of the big 4 will shift within 5-10 years, this is following the cba.com acquisition and now this. AUDA is largely blind to what really needs to happen to keep the namespace strong.

$2.5 million sounds a completely made up number though by Robert.

 

[Andrew Wright]

$2.5 million sounds a completely made up number though by Robert.

Cue angry response in 3, 2, 1...

 

[Scott7]

$2.5 million sounds a completely made up number though by Robert.

Do you think the price would have been more or less than $2.5 million?

 

[snoopy]

Do you think the price would have been more or less than $2.5 million?

Probably less but again it is all just made up numbers, could have been 50k or 10 million.

 

[Scott.L]

it could of been bought using Bitcoin?

 

[DomainNames]

The "journalist" quotes the old owner as a "cybersquater" but clearly that is not factual based on the previous National Australia Bank's failed attempts to Reverse Domain Name Hijack the NAB.COM name with no success and claims of "cybersquating" at no time standing up.

The owner held the name for over 20 years!

http://www.afr.com/business/banking...tomers-to-adult-website-owner-20170109-gto2ta

This shows the uneducated mindset still prevalent and failed thinking for some reason that an Australian bank is the only rightful owner to a 3 letter global .com name...

Great news for the seller if it was $2.5 million. I heard it was more than this from some sources..Maybe someone will dig deeper and find out. The National Australia Bank spends more than this on their various christmas parties so it's still small money. They probably spend that on weekly advertising.

No pity for the thieving banks..or any RDNH lawyer or RDNH Complainant...

 

[Scott.L]

The "journalist" quotes the old owner as a "cybersquater" but clearly that is not factual based on the previous National Australia Bank's failed attempts to Reverse Domain Name Hijack the NAB.COM name with no success and claims of "cybersquating" at no time standing up.

The owner held the name for over 20 years!

http://www.afr.com/business/banking...tomers-to-adult-website-owner-20170109-gto2ta

This shows the uneducated mindset still prevalent and failed thinking for some reason that an Australian bank is the only rightful owner to a 3 letter global .com name...

Great news for the seller if it was $2.5 million. I heard it was more than this from some sources..Maybe someone will dig deeper and find out. The National Australia Bank spends more than this on their various christmas parties so it's still small money. They probably spend that on weekly advertising.

No pity for the thieving banks..or any RDNH lawyer or RDNH Complainant...

yeah, the journalist was probably born 2001 and has only just become aware of domain names 2015

 

[snoopy]

Great news for the seller if it was $2.5 million. I heard it was more than this from some sources..Maybe someone will dig deeper and find out. The National Australia Bank spends more than this on their various christmas parties so it's still small money. They probably spend that on weekly advertising.

Likely to be NDA so what is the chance of any of those numbers being based on real information?

Just as an example someone could say "It apparently sold for $5 million" and that would soon spread as though it were a real number. As long as the price is high people want to believe.

 

[snoopy]

Article about CBA.com today also

https://www.google.com.au/amp/s/amp...s-back-control-of-domain-name-20170927-gypya9

 

[Scott7]

... someone could say "It apparently sold for $5 million"

I heard a rumour that it went for 10 million ...

Probably ... 10 million.

 

[Scott.L]

rumor has it, CBA paid using Bitcoins

 

[Bacon Farmer]

Is David a cybersquatter or should he be reaching for a defamation lawyer?

 

[Data Glasses]

Great move by Nab to secure this domain

 

[Erwin]

So. the only Australian Bank who do not own their .com is Westpac...

 

[DomainNames]

The problem is these RDNH companies & their RDNH lawyers often think they should have exclusive use over names globally. Wake up.. Australia is a drop in the ocean of global business...
http://www.westpac.co.kr/
www.Westpac.com
http://www.westpac.co.kr/eng/company/company02.php

 

[DomainNames]

www.Nab.com still no website or url forwarding even to www.nab.com.au