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Faced with a Reddit-powered boycott, Go Daddy, the domain registrar and maker of sexy television commercials, will no longer support the Stop Online Piracy Act (SOPA). "Fighting online piracy is of the utmost importance, which is why Go Daddy has been working to help craft revisions to this legislation - but we can clearly do better," Go Daddy's new chief executive Warren Adelmanaid in a statement. "It's very important that all Internet stakeholders work together on this. Getting it right is worth the wait. Go Daddy will support it when and if the Internet community supports it." In conclusion, Reddit wins again.

Update: Anonymous is going to boycott Go Daddy anyways. "@GoDaddy We do not forgive, We do not forget. We are legion. Expect us. #BoycottGoDaddy," tweeted YourAnonNews shortly after the news broke. They followed up a couple minutes later, "Ohai @GoDaddy lovely DM, but #BoycottGoDaddy is still on. kthxbai ^__^"

Update 2: Wikipedia founder Jimmy Wales announced around the same time Go Daddy reversed its stance, "I am proud to announce that the Wikipedia domain names will move away from GoDaddy. Their position on #SOPA is unacceptable to us."