News / January 2012

Tucows Inc. Announces Final Results of Dutch Tender Offer

TORONTO – January 26, 2012 – Tucows Inc. (NYSE AMEX:TCX), (TSX:TC), a global provider of domain names, email and other Internet services, announced today the final results of its modified “Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on January 20, 2012. Tucows will purchase 7,570,178 shares of its Common Stock at a purchase price of $0.77 per share, for a total cost of $5,829,037, excluding fees and expenses related to the tender offer. Payment for shares accepted for purchase will be funded from a combination of available cash and two demand loan revolving facilities Tucows currently has with the Bank of Montreal.
Continue reading

Tucows Inc. Announces Preliminary Results of Dutch Tender Offer

TORONTO – January 23, 2012 – Tucows Inc. (NYSE AMEX:TCX), (TSX:TC), a global provider of domain names, email and other Internet services, announced today the preliminary results of its modified “Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on January 20, 2012. Tucows expects to purchase up to 7,569,952 shares of its Common Stock at a purchase price of $0.77 per share, for a total of $5,828,863. The 7,569,952 shares expected to be purchased are comprised of the 6,500,000 shares Tucows offered to purchase and 1,069,952 shares to be purchased pursuant to Tucows’ right to purchase up to an additional 2% of the shares outstanding immediately prior to the commencement of the tender offer. Tucows intends to fund the tender through a combination of available cash and two demand loan revolving facilities Tucows currently has with the Bank of Montreal (“BMO”).
Continue reading

Why We Don’t Like SOPA

The proposed SOPA (and equally odious “Protect IP Act“) legislation is fundamentally flawed in how it works and the damage it is likely to do to the Internet, which has been the greatest platform for innovation the world has ever seen. For that reason we will be joining the blackout organized by our friends at Reddit by blacking out the Tucows Software Download site on January 18th from 8am to 8pm EST (1300-0100 UTC).

The Internet is a global creature. A “Made in the USA” solution will no more work to stop the problems talked of than would one made in any other single nation state. Worse, the US has been at the forefront of ensuring that the Internet has remained free and a platform for innovation for the last fifteen years. With SOPA, or ProtectIP, that leadership will effectively end and Syria, China, Iran and others will not only use the US as a role model, they will also use these actions as further evidence of US control of the Internet and justification for trying to turn it over to the UN/ITU. This is best described by Susan Crawford.

Worse, the legislation itself is fundamentally corrupt. It is bought and paid for by big media, trying vainly to protect anachronistic business models. This has been demonstrated clearly in all of the hearings and the very conduct of the debate. Listening to how deeply uninformed those being asked to legislate this issue are has been nothing short of scary. Watching how support and opposition has lined up has been disheartening. This is the worst example of the kind of fundamental corruption that is at the heart of the US political system currently and is well defined by Professor Larry Lessig. If you have ten minutes please watch this video on the subject. If you have an hour please watch this one.

The Internet is not a corpus, it is not a thing. It is a series of protocols, which are really agreements on how computers will behave when connected to the Internet. Treating the Internet like a thing to be legislated and controlled is as ill conceived as treating “Intellectual Property” like physical property and leads to even greater perversions. If governments squeeze too tightly, the Internet as we know it will simply get up and walk away. It will fracture and split with a “clean” Internet and a much larger Darknet. than there is today, but not one used mainly for file sharing. Instead the Darknet will become the real Internet. Brands will sell things and Media will offer content on the “Cleannet”, but the Darknet will be where ideas are shared, plans are made, memes are propagated and where most of the cool people, including most of our children, will be.

Prohibitions have never worked to change behaviours. They simply make people who fear things feel good and create a new mini-industry for fear mongers to make money off of. They do not change behaviours.

If you wish to get involved we suggest you visit Stop American Censorship, BlackoutSOPA.org and that you follow @tucows on Twitter where we’re we’ll be tweeting regularly about the movement to stop SOPA.

 

To Top