(Continued)

In other developments on Wednesday, according to a report released by VeriSign, more than 4.7 million new domain names were registered during the first quarter of 2004. That's the highest quarterly figure for new domain registrations in the history of the Internet, and represents a new record in domain name registrations.

In total, more than 63 million domain names are now registered, approximately one for every 100 people in the world today. This number is greater than at any time in the Internet's history, surpassing even the heights that were seen during the Internet "bubble." Perhaps even more important than raw numbers, VeriSign's data reveals that the current base of domain names is being utilized more actively than ever before, as measured by renewal rates, look-up rates and the percentage of domain names tied to live sites.

Google was in the news again, this time while it was being criticized for its Froogle shopping comparison site. Google placed its reputation as the Web's first search engine, delivering relevant and fast search results, untouched by humans, or so it seems. But with Father's Day approaching, Google is experimenting by promoting its own shopping site ahead of other online search results and ads.

That has prompted criticism from some industry experts who say that the giant search engine company appears to be compromising the unusually high standards that it has set for itself just as it prepares to sell stock to the public.

In other developments, Yahoo subsidiary Overture Australia has signed a deal with News Interactive, to provide advertising and search services to the News websites. The sites include news.com.au, CareerOne, realestate.com.au and websites for newspapers such as The Australian, The Daily Telegraph, The Herald Sun and The Courier Mail. News Interactive managing director Nic Jones said his company was the first internet network in Australia to implement Overture's entire online marketing suite.

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