Business Essay Example | Topics and Well Written Essays - 500 words - 3

Business - Essay Example But, still the location is important because within this virtual space we have â€Å"addresses† of the machines through which these data and information are transmitted. The domain name is assigned to a particular machine with a corresponding IP address within which the machine is physically located (e.g. in â€Å".us† domain extension). But, the machine may not be located in USA. It could be anywhere in the world. Hence, the legal part for a Web Hosting company is a bit different from other businesses and there are laws, which control them. There are Trademark Law, the Defamation Law, laws related to Fraud and Antitrust and Copyright Law. The Cyberspace is considered as a distinct place, where transactions do take place, and real people are involved to make this happen. Hence, following the protocol of this business comes under the legal parlance of the Cyberspace. Financially such Web hosting companies took a hit in the early 90’s when the internet bubble burst. But over a period of time situation has improved a lot, with effective laws and investor support. The results of web hosting companies like Hostopia are the proof of the good times. Revenues have increased to $5.6 million in the third quarter 2006, a jump of almost 25% as compared to last year. Till December 31, 2006, the company had approximately 248,000 end-users utilizing its services. Cash flows from operations have ended at $2.8 million for the nine months ended at December 31, 2006. It has invested $2.1 million in capital assets and intellectual property rights for this tenure. And it has substantial cash is hand from its IPO to invest and expand in the near