TOP NEWS Sells DomainSponsor

Los Angeles-based said today that it has sold its DomainSponsor domain monetization business. Financial terms of the sale were not announced. said it sold DomainSponsor to Rook Media, a European domain monetization company based in Zurich. said the move would allow it to focus on "more aggressively" developing its portfolio of web properties and mobile applications--and in particular, the many branded websites the company now owns in the areas of travel, consumer finance and comparison shopping.