This is just the type of stupid internet thing that helps us keep the faith that the web is not yet a medium totally co-opted by corporate media powers such as Gawker: Highfalutin magazine of the gods The Economist lost a fight to gain control of the domain name TheEconomist.com, which for the past decade has been owned by some random IT guy in Maryland. And the best part is the guy does absolutely nothing worthwhile with the site. The magazine is stuck with Economist.com, even though they are a huge international media conglomerate with some of the most intellectual content in all of magazine publishing, and their opponent is a guy who says he wasn't even aware of the magazine's existence in 1996 when he registered the site (The Economist is 165 years old). That's what they get for only offering him $500 for the domain—the diverted web traffic is costing them lots more than that. So what does the proud owner of TheEconomist.com do with his valuable property? Below, an actual screengrab of the totally pointless thorn in the magazine's side.