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Ad spending on the internet continues to boom. A new report
released today by the Internet Advertising Bureau and PricewaterhouseCoopers
says web ad spending soared 33% in the third quarter of
2006 over the same quarter in 2005. Companies spent an estimated
$4.2 billion for online ads in Q3-2006, a new record for
a single quarter. The IAB estimates ad spending for all
of 2006 will end up around $16 billion, easily eclipsing
the $12.5. billion spent last year.
Posted Nov. 15, 2006
- Dec. 15, 2006: Vodka.com
domain sells for $3 million-The billionaire
Russian entrepreneur behind Russia's biggest vodka maker
has paid $3 million to acquire the vodka.com domain, part
of a bid to expand into the U.S. market, a broker said on
Thursday.
 NRI's
Company "BlueLithium" sold for $300 Million to
Yahoo
- Dec. 15, 2006: Vodka.com
domain sells for $3 million-The billionaire
Russian entrepreneur behind Russia's biggest vodka maker
has paid $3 million to acquire the vodka.com domain, part
of a bid to expand into the U.S. market, a broker said on
Thursday.
- Rita
Sharma is the richest Asian woman in London- 95
million pound five-star holiday web site
 Dinesh
Dhamija: NRI is expected to
earn £85 million by selling travel website 'Ebookers'
- India has already seen the examples of
some generic domain names being sold. Rajesh Jain’s
IndiaWorld.co.in, which also owned catchy domains like samachar.com,
khoj.com, khel.com and bawarchi.com, was
sold to Sify for $115 million.
- www.business.com -domain name was sold
for US $ 7.5 million
- www.creditcards.com was sold for US $
2.75 million.
 Sabeer
Bhatia - sold "hotmail.com" $400m to Microsoft
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Auctomatic.com-
Two UK NRI cousins sold online service- web site for 5 million
dollars