ICANN Board Withholds Consent for a Change of Control of the Public Interest Registry (PIR)

https://www.icann.org/news/blog/icann-board-withholds-consent-for-a-change-of-control-of-the-public-interest-registry-pir

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ICANN Board Withholds Consent for a Change of Control of the Public Interest Registry (PIR)

Today, the ICANN Board made the decision to reject the proposed change of control and entity conversion request that Public Interest Registry (PIR) submitted to ICANN. After completing extensive...

@sir Whaaaaaat?! No way! Time to celebrate!

@sir Ah, so it looks like one of those schemes where the entity being bought is then burdened with the debt from the credit being used for the purchase. That whole construct should be made illegal...

"The US$360 million debt instrument forces PIR to service that debt and provide returns to its shareholders, which raises further question about how the .ORG registrants will be protected or will benefit from this conversion."

@sir What are the implications of this?
Take action to save .org and prosecute those who sold out the internet

As many of you have no doubt heard, control of the .org registry has been sold to private interests. There have been attempts to call them to reason, like Save .ORG, but let’s be realistic: they knew what they’re doing is wrong, the whole time. If they were a commercial entity, our appeals would fall on deaf ears and that would be the end of it. But, they’re not a commercial entity - so our appeals may fall on deaf ears, but that doesn’t have to be the end of it.

@sir
Angelbane Na 08:30 UTC on 01 May 2020
https://www.icann.org/news/blog/icann-board-withholds-consent-for-a-change-of-control-of-the-public-interest-registry-pir

>They only stopped this because the California Attorney General sent a letter to the Board,Chair and CEO of ICANN. ICANN itself did no real due diligence they just got caught trying to give away the cookie jar to a bunch of vultures

ICANN Board Withholds Consent for a Change of Control of the Public Interest Registry (PIR)

Today, the ICANN Board made the decision to reject the proposed change of control and entity conversion request that Public Interest Registry (PIR) submitted to ICANN. After completing extensive...

@bhaugen
I see the SEEDS/Hypha initiatives in the cryptocurrency arena - still pretty speculative and thin on the ground, I know.

I see 'cooperation as a service' - again, a recent DigLife initiative, and perhaps not many coops participating yet?

I see @Graham_Mitchell with a concrete focus on regional solidarity/coop/care sector organising . .

1of2
@sir @oli

@bhaugen 2of3
Partly, I was voicing a (hopeful, naive?) sense that participants in the endlless 'tools & platforms' discussion might be ready now to just adopt a platform and 'get mutual', organising some stuff that isn't just tools & platforms.

On the other hand . . I've been a member of DigLife for 24 hrs now. The UX is pretty messy - nothing like as smooth as the slide presentations . .

@Valenoern @Graham_Mitchell @oli

@bhaugen 3of3
The laptop cooling fan has run loud more this past 24hr than in living memory . .The single sign-on doesn't seem seamless across apps in different operating systems. And there is a whole lot of arm-waving in some of the chats.

So my jury is out right now. I'll see how it settles in coming weeks. Some good, able, purposeful people there. But too much tech+added 'values' orientation, too little community & economic organising? Question mark
@Valenoern @Graham_Mitchell @oli

@mike_hales @bhaugen @Graham_Mitchell @oli I have no interest whatsover in your cryptocurrency bullshit, buzz off

@cmpwn.com @mike_hales @Graham_Mitchell @oli

Dropping Drew off the thread. Did I get involved in some cryptocurrency bullshit, unbeknownst to me?