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Hacker (STOCK)

Today, the Public Interest Registry (PIR), which maintains the .org top-level area, introduced that it is going to be acquired by Ethos Capital, a personal fairness agency (through Domain Name Wire). This transfer will make PIR, beforehand a non-profit area registry, formally a part of a for-profit company — which actually appears at odds with what .org may characterize to some. Originally, “.org” was an alternate to the “.com” that was earmarked for industrial entities, which lent itself to non-profit use.

That’s not all: On June 30th, ICANN, the non-profit that oversees all domains on the web, agreed to take away value caps on charges for .org domains — which have been beforehand fairly low-cost. Seems like one thing a for-profit company may need.

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