THE NEWS WRAP: Google unveils plans to expand into domain registration

Google has revealed it is building a domain registration service called Google Domains.

It is still early days for the product, which is currently in invite-only beta.

Google says 55% of small businesses still don’t have a website and the project is aimed at helping some of those businesses get started online.

Google Domains won’t include hosting and has partnered with website building providers like Shopify, Squarespace, Weebly and Wix.com.

The goal is for Google Domains to be made widely available soon.

Oracle buys Micros Systems for $5.3 billion

Oracle is offering $68 a share for Micros Systems, a company which sells software used by retailers and hospitality providers, in a deal that is valued at $5.3 billion.

Micros Systems sells internet-connected cash registers, and the software and technical services to power them.

It’s Oracle’s biggest acquisition since 2010.

Parking startups hit trouble in San Fran

Several parking startups that are trying to make it easier to find a car park in big cities are running into legal problems in San Francisco after the city sent one company a cease-and-desist letter and warned two others, The Wall Street Journal reports.

Italian-based startup MonkeyParking, which operates in San Francisco and has an app that allows people to post information about a spot they are about to leave – information other drivers can then pay for – was sent a letter by the San Francisco City Attorney notifying it that its business is illegal.

Overnight

The Dow Jones Industrial Average is down 9.82 to 16,937.26. The Australian dollar is currently trading at US94 cents.