ICANN Halts $1.1 Billion Sale of .Org Registry Published on May 01, 2020 at 10:30AM Charlotte Web shares a report from The Register: ICANN has halted the proposed $1.1 billion sale of the .org registry to an unknown private equity firm, claiming this was "the right thing to do." The DNS overseer has been under growing pressure to use its authority to refuse the planned transfer of the top-level domain from the Internet Society to Ethos Capital, most recently from the California Attorney General who said the deal "puts profits above the public interest." ICANN ultimately bowed to the US state's top lawyer when it concluded today it "finds the public interest is better served in withholding consent." It gave several factors, all of which were highlighted by Attorney General Xavier Becerra as reasons to reject it: the fact that the sale would see the registry -- which has long served non-profit organizations -- turn from a non-profit itself into a for-p...
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