False alarm at The Register

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I don't understand what's going on at The Register, which has just published a story with an alarming title: .org registry vanishes into thin air. The Public Interest Registry seems to be working fine, accepting registrations and delivering whois requests at whois.pir.org. What's the fuzz? And after having bashed weblogs for as long as they discovered them, they are now picking up on a mistaken blogger to invent horror stories? What kind of journalism is that?