ISOC sold the .org registry to Ethos Capital for $1.1B
The time of .org as 'trusted' is over.<p>When a private equity investment firm buys something, they plan to extract value, they don't create value.<p>Ethos Capital was formed in 2019 [1]. Price caps were lifted before it was sold [2]. Combined with the billion plus valuation, something is sketchy. Even if you trust this sale, they could even resell it to a less trustworthy owner after increasing rates making a return on investment, that is probably the plan.<p>.orgs will be filled with extortion to good .orgs, and fake .orgs will be created which will create distrust about existing .orgs, and allow propaganda to spread.<p>There will be tons of malware and phishing going on when people think they are on trustable domains.<p>If they could buy .gov they would. Just more of the turn of the internet to authoritarian/corporate control over the internet's anti-authoritarian/public/independent roots.<p>[1] <a href="https://en.wikipedia.org/wiki/Ethos_Capital" rel="nofollow">https://en.wikipedia.org/wiki/Ethos_Capital</a><p>[2] <a href="https://arstechnica.com/tech-policy/2019/11/private-equity-firm-buys-org-domain-months-after-icann-lifted-price-caps/" rel="nofollow">https://arstechnica.com/tech-policy/2019/11/private-equity-f...</a>