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ICANN board rejects sale of.org domain

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The private equity firm Ethos Capital will not be allowed to purchase the Public Interest Registry which controls the .org TLD.
Following months of controversy concerning the future of the.org top level domain (TLD), the internet registration watchdog ICANN has finally decided to reject the $1.1bn sale of the .org domain and the Public Interest Registry (PIR) to the private equity firm Ethos Capital.
The sale raised concerns from its start as the .org domain is generally used by non-profits and giving its control to a for profit company could make things much more difficult for these organizations. Just last summer, ICANN lifted price caps on.org domains and many fear that Ethos Capital would do something similar if it was put in charge of the .org TLD.

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