Team Internet Group PLC: financial performance review for 2024

Team Internet Group PLC has released its financial results for 2024, revealing a mixed performance with a decline in revenue and profit but record-high cash flow. Despite market challenges, the company remains strategically positioned for long-term growth, with notable gains in certain business segments.

WooCommerce rebrands to Woo: what it means for eCommerce and hosting providers

WooCommerce, one of the most well-known eCommerce platforms for WordPress, has recently undergone a significant rebranding. The company has simplified its name to Woo, alongside...

WHOIS is being replaced by RDAP

The long-standing WHOIS system for looking up domain name registration details is coming to an end. Starting January 28, 2025, ICANN will officially replace WHOIS with the Registration Data Access Protocol (RDAP). But don’t worry—this change isn’t happening overnight, and most users won’t notice any immediate disruptions.

TOP 5 web hosting events you should attend in 2025

The web hosting industry is dynamic and full of innovation, making it crucial to stay informed and connected. Attending industry events is not just about keeping up with trends - it's about immersing yourself in a community of experts, innovators, and business leaders who shape the future of hosting.

Hexonet is shutting down – customers to move to CentralNic Reseller

Hexonet, a well-known domain reseller platform, is shutting down as part of Team Internet Group’s efforts to streamline its operations. The transition will take place over the next few months, with Hexonet customers being migrated to CentralNic Reseller, another platform within the group.

Google introduces .channel domain

Google Registry is set to launch a new top-level domain (TLD), .channel, aimed specifically at content creators. The rollout begins in February, offering creators a...

HOSTAFRICA takes the lead in Nigeria’s web hosting market

In December 2024, we shared the news of HOSTAFRICA’s intent to acquire GO54 (formerly WhoGoHost), one of Nigeria’s key players in web hosting. Today, we...

OVHcloud’s solid start to 2025

OVHcloud, has kicked off 2025 with a strong financial performance, affirming its annual growth targets. The company’s Q1 FY2025 results highlight solid organic revenue growth, a strong international presence, and significant momentum in both the Private and Public Cloud sectors.

Team Internet faces two takeover proposals

Team Internet Group, a prominent UK-based internet services company, is at the center of attention after receiving two separate takeover proposals. The offers come from private equity firm TowerBrook Capital Partners and fund manager Verdane. Each bidder has proposed a price of 125 pence per share, valuing the company at approximately £315 million.

.com domain rankings – 2024 update

ICANN recently released the latest .com domain data from Verisign, covering August 2024. This data highlights trends in domain registrations and management across major registrars. Here are the key points from the report.