Ethos Capital has offered $1.1 billion to buy the Public Interest Registry, the nonprofit corporation that runs the databases containing more than 10 million .org names registered worldwide. The Associated Press, a nonprofit, also uses a .org domain, ap.org. A sale to Ethos Capital wouldn't immediately affect existing .org names or the websites that use them. Although .org is often associated with nonprofit organizations, it can already by registered by anyone, including for-profit corporations and individuals. Ethos said it will make its promises binding by amending an agreement with the Internet Corporation for Assigned Names and Numbers, the Los Angeles-based organization that oversees domain names.

Source: ABC News February 21, 2020 13:04 UTC