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October 13, 2007

What it’s all about

Wallstreet.com has failed to fetch the vast sum its owners were hoping for in a .com name auction, leaving porn.com, which sold for $9.5m earlier this year, as the most expensive domain name ever.

Bloomberg reports that wallstreet.com’s owners halted the auction after bidders were only willing to pay $3m for the privilege of owning the domain. Further confirmation, if it was ever needed, of what really drives the internet.

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