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Yahoo! Purchases OMG.com Domain Name

TechCrunch reports that Yahoo! has purchased www.omg.com for $80,000, reporting that the domain was actually fairly cheap when you consider the company recently sold contests.com for $380,000 earlier this year or the fact that candy.com sold for $3 million.

Yahoo! has been changing a lot over the last few months at the hand of its new CEO Carol Bartz. Bartz last week said that the company was never a search engine, and plainly said that, while Yahoo!'s 20 percent of the search market was nothing to be scoffed at, the company makes its real money through its pages, like sports and news.

Whether Yahoo!'s plans for its recently purchased www.omg.com are going to be a part of the company's complete transition from search engine to web portal is still unknown, so what do you think Yahoo! is going to do with omg.com? Could it be a social network for sharing cool and exciting links or are we looking at something completely new and innovative? Or, even more boring than social networking, is this another URL that Yahoo! will do absolutely nothing with? Let us know what you think in the comments below!

Check out the full story here.

  • michaelahess
    Like, Oh, My, GOD!!!, that is like, such a news worthy item!!!
    Reply
  • hellwig
    What was OMG.com before? According to google it was Object Management Group (OMG). If it were a porn site, it would have gone for a lot more.

    Question is, what does Yahoo! want with it? My guess, porn.
    Reply
  • doomtomb
    It seems like Yahoo is trying to prove they are a force to be reckoned with. I really don't see what they would be doing with www.omg.com. Next thing you know, yahoo will be trying social networking -_-
    Reply
  • Upendra09
    First of all you are sick^^

    Second of all, OMG used to be a celeb news site.
    Reply
  • fulle
    It'll be used as a celeb news site. Thats what the domain was originally used for, and before the re-design Yahoo.com used to have a "OMG" link for Celeb news on their main portal. Seems fairly obvious where they're going with this one.
    Reply
  • Upendra09
    Just for correction i was referring to hellwig
    Reply
  • Pei-chen
    Headline in 2012: Google agreed to purchase Yahoo.com and OMG.com for $1 after agreeing to assume all outstanding debt.
    Reply
  • sviola
    @hellwig

    Object Management Group page is www.omg.org
    Reply
  • rooket
    couldn't omg.com cause some backlash from the religious community at some point, kinda lame how people get so pc about things that don't really matter lol. man if i would've owned some of those domain names id' be rich, but i heard you have to have a fully functioning business built up behind the domain in order to cash in. otherwise I guess it can just be taken if you aren't really doing anything with it.
    Reply
  • I would think Yahoo! is going to use OMG.com for the part of it's site they are using a sub-domain for currently. http://omg.yahoo.com will likely just be OMG.com .
    Reply