In early 2017, GoDaddy announced that it would be selling its web hosting and domain name services business to competitor Expedia. The move came as a surprise to the web hosting community, as GoDaddy had been one of the most popular providers of both services.
Shortly after the announcement, rumors circulated that GoDaddy was in financial trouble, and that the sale was a way to offload the company’s liabilities.
In November 2017, the Wall Street Journal reported that GoDaddy was preparing to file for Chapter 11 bankruptcy protection. The company cited mounting debt and ongoing competition from cloud-based providers as reasons for its decision.
PRO TIP: Some users are reporting that they are unable to access their GoDaddy account. It is unclear what is happening, but it appears that the site may be down.
The company’s stock price plummeted as a result of the report, and it was later revealed that the company had been in negotiations to sell its hosting and domain name services business to rival Amazon for months prior to the Wall Street Journal’s report.
Despite the company’s struggles, GoDaddy announced in January 2018 that it had reached a deal to sell its hosting and domain name services business to Expedia. The sale was completed in March 2018, and GoDaddy’s stock price rebounded as a result.
Despite the company’s past troubles, it appears that GoDaddy is still able to maintain a strong presence in the web hosting and domain name services market.
10 Related Question Answers Found
GoDaddy, one of the world’s largest domain name registrars, filed for Chapter 11 bankruptcy protection on March 14, 2018. The company has since announced that it will sell its domain name registration business to rival registrar Namecheap. In addition, the company has also announced a number of layoffs and other cost-cutting measures.
The Purpose of GoDaddy
GoDaddy, Inc. is an American technology company that provides a range of online services, including domain name registration, web hosting, email, marketing, and search engine optimization. The company provides a variety of services under the GoDaddy.com, GoDaddy.
GoDaddy is an online domain name registrar and web hosting company. It offers a variety of web hosting, domain name registration, and other services. It is the largest web hosting company in the world, with over 130 million registered domains and over 2 million customers.
What is GoDaddy? GoDaddy is an American web hosting and domain name registrar. The company was founded in 1997 and is headquartered in Scotts Valley, California.
GoDaddy email was compromised on July 4th, 2015. According to an article on BleepingComputer, the attackers gained access to an employee’s account, and then used that access to send out a mass email to employees with a link to a fake update for the company’s security software. The email contained a malicious attachment, and when opened, executed a script that infected the recipients’ machines with malware.
GoDaddy is a web hosting and domain name provider. It was founded in 1997 and is headquartered in Scotts Valley, California. The company offers a variety of web hosting and domain name services, as well as a broad range of marketing and advertising services.
What is a GoDaddy account? A GoDaddy account is a web hosting account that provides web space and email services to individuals and businesses. It also offers domain name registration and other web-related services.
A GoDaddy account is a web hosting and domain name registration service. It offers a variety of web hosting plans and domain name registration packages, as well as a variety of tools and resources for online entrepreneurs. GoDaddy accounts are especially useful for small businesses and entrepreneurs who need reliable, affordable web hosting and domain name registration services.
GoDaddy is a domain name registrar and web hosting company. It offers a variety of web services, including domain registration, web hosting, and email hosting. Customers can purchase a domain name from GoDaddy, or use its web hosting and email services to create a website.
GoDaddy is an American web hosting and domain name registrar company. The company was founded in 1997 by Bob Parsons and Brad Garlinghouse. The company is headquartered in Scotts Valley, California.
