VeriSign Increasing Domain Fees

[HardOCP News]

VeriSign has announced that it is planning to raise the cost of registering .com or .net domain names to generate more money for infrastructure improvements. The price change will take place in October.

The increases are the first of several VeriSign is allowed impose through 2012 under an agreement with ICANN (Internet Corporation for Assigned Names and Numbers), the overseer of the Internet's addressing system. VeriSign is the official registry for domain names ending in .com, .net, .cc, and .tv.