Apple in sight of $1 trillion valuation, according to analysts.

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Bloomberg and CNN continue transition to digital.

Bulgari tries to make a name in wine.

Chick-fil-A pressure heats up.

Dairy Queen benefits from early warm weather.

Darden finds restaurant consumers remain fickle.Continue reading...

Yesterday's hearing by the Subcommittee on Communications and Technology of the House Energy and Commerce Committee added to the push-back in Washington to ICANN’s imminent plan to introduce generic top-level domains (gTLDs) ushering in the likes of .nike, .ford and other potential branded URLs.

In rare bipartisan unity these days, Republicans and Democrats reiterated concerns articulated last week in a similar hearing before the Senate Commerce Committee.

"I don't think it's ready for prime time," said Rep. Greg Walden, R-Ore., chairman of the subcommittee. “The more we do our role, the more ICANN may take a second look at it. Based on what I heard today, they should delay.” (Walden also cited an Apple example that hinted at his own confusion on the issue.)

Advertisers have been lobbying hard against the ICANN initiative and Dan Jaffe, EVP of the Association of National Advertisers, (ANA), testifying on behalf of its Coalition for Responsible Internet Domain Oversight (CRIDO), said the plan is a “reckless experiment” that threatens business and consumers.

"The ICANN program would pile billions of dollars of cost onto a challenging global economy," Jaffe testified. "These are resources that could be much better spent on job creation. This is not merely a bad policy choice but a serious threat to the legitimate interests of both companies and consumers on the Internet. We believe that both the decision and the process ICANN followed are fundamentally flawed and that the roll-out should be delayed.”Continue reading...

With ICANN’s opening of the application period for new generic Top Level Domains (gTLDs) one month away, attention is being paid in Washington, D.C. with two hearings this week, or, as Domain Name Wire wrote, “Get ready for representatives to pretend like they know about domain names.”

This morning’s U.S. Senate Committee on Commerce, Science, and Transportation hearing aimed to "examine the merits and implications of this new program and ICANN's continuing efforts to address concerns raised by the internet community."

In an piece titled “ICANN opens pepper-spray, fires in own face,” Kieren McCarthy, CEO at .Nxt, Inc., who believes the hearing's witness list “is stacked against the program,” wrote:

“Having spent seven years putting together plans for the greatest expansion of the Internet, and with applications for potentially thousands of new extensions due to open in just over a month, ICANN should be riding high. Instead it is the focus of not one but two Senate hearings this month and a huge campaign that includes giants such as Procter & Gamble, Hewlett Packard, JC Penny, Johnson & Johnson and Kellogg's to get ICANN to either delay or restructure the program."Continue reading...

A tsunami of opposition to ICANN’S January 2012 expansion of top level domains has resulted in a U.S. Senate Committee on Commerce, Science, and Transportation full committee hearing to “examine the merits and implications of this new program and ICANN’s continuing efforts to address concerns raised by the Internet community.” 

The hearing will be held Thursday, December 8, at 10:00 a.m. EST. Press will be welcomed on a first-come, first-served basis, while the public can virtually attend the Senate Commerce Committee hearing via a webcast.

The opposition of the 100+ brands and organizations in CRIDO (the Coalition for Responsible Domain Oversight) will be presented by the Association of National Advertisers exec team of Bob Liodice, President and CEO; Dan Jaffe, EVP of Government Relations; and Doug Wood, general counsel.

The growing alliance views the gTLD program as "harmful," allowing organizations and companies to apply for generic or branded top level domains (the names to the right of the ‘dot,’ e.g. .com, .net, .org.), with brands such as Ford, GE and HP concerned about cybersquatting and related issues.Continue reading...

As the January 12th opening of gTLDs (top-level domain names) looms, the Association of National Advertisers president and CEO Bob Liodice is stepping up the organization's campaign against ICANN.

That's the body which is preparing to expand URL names from the current list of 22 approved top-level domains (such as .com, .net, .org, .edu and country suffixes) to include generic .anything names such as .nike, .google, .pepsi, etc.

In a video released this week, Liodice takes issue with ICANN's claim that it has gone through a "laborious process" to gain consensus for its generic top-level domain expansion program, which is facing mounting criticism not just in America.

Liodice (whose views are opposed by Forrester) counters that there are more than 100 organizations and brands standing with the ANA in opposition to what he calls a "harmful program," with brands such as Ford, GE and HP concerned about cybersquatting, among other issues. ICANN, still stinging from the .xxx domain debacle, is recruiting an "independent objector" to assess gTLD applications in a position that would commence in April.

Click here for more on the pros and cons of ICANN's dotbrand URLs initiative from a branding and naming perspective, and tell us what you think: Should brands fear gTLDs, or does it represent a great opportunity to solidify branding on the web?Continue reading...

We recently looked at the coalitions of brands joining forces to voice their opposition to how ICANN is ushering in its so-called dotbrand URLs (aka its new gTLD, or generic Top-Level Domain program that lets trademark holders pay for the right to add their brand name to their web addresses, such as .nike or .coke) in January. Now you can add a few more.

The U.S.-based Coalition for Responsible Internet Domain Oversight (or CRIDO) led by the Association of National Advertisers (ANA) has added six major marketers to their ranks, including the world’s largest retailer and second-largest food company. Walmart, Kraft Foods, adidas, Reebok, Toyota and the J.M. Smucker Company have joined CRIDO, bringing the total number of companies and industry groups to 93.

“We are very pleased that six more leading marketers representing an extremely broad range of business sectors have joined forces with CRIDO to oppose ICANN’s TLD expansion program,” commented ANA president and CEO Bob Liodice. “This growing coalition sends a very clear signal that there is serious dissatisfaction with ICANN’s program from across the entire Internet stakeholder community.”Continue reading...

The imminent change in domain names that will be ushered in by ICANN's new gTLD (generic Top-Level Domain) program is turning into a veritable war.

A last-minute campaign to stop it is being led by the Association of National Advertisers (ANA), which has reached out to the American Association of Advertising Agencies, the Direct Marketing Association, and more than 20 other advertising and marketing organizations to join their protest. They're lobbying Congress and the Commerce Department on the new TLD program, which is scheduled to commence on January 12th, with the ANA telling Adweek they will take their objections to court if necessary.

Separately, another consortium of brands and trademark holders calling themselves CADNA, or the Coalition Against Domain Name Abuse, is hosting a conference today in New York, where they will discuss their concerns and collective proposal to ICANN. With speakers including the VP of legal for DirecTV and the former VP of digital for Mattel, CADNA is taking a less aggressive approach to the issue.Continue reading...

The Interactive Advertising Bureau just announced the "rising stars" of new ad units, including AOL's Project Devil format and YouTube's new billboard format, demonstrated in the video above.

But how to determine if they're effective? There is no consistent method for measuring the effects of digital media, even as it increasingly becomes the currency driving the industry.

That's why, just as apparel-makers are seeking to create a common set of metrics around sustainability, the three kings of marketing and advertising in the US (including the IAB) are joining forces to come up with a unified set of standards and metrics to measure the ROI of digital marketing.Continue reading...