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THURSDAY, 26 JUNE 2008
ICANN approves rules for new TLDs
The slashdot.org website reports the Internet Corporation for Assigned Names and Numbers' (ICANN) recent decision regarding rules on new Top-Level Domains. It was taken unanimously on Thursday, June 26, 2008 during 32nd ICANN Meeting in Paris.
The new decision will allow companies to register their brands as generic top-level domain names (TLDs). For instance, Microsoft could apply to have a TLD such as '.msn', Apple could apply for '.mac', and Google for '.goog' Some commentators see such moves as a new gateway for a massive stream of TLD squatters. However, the pessimistic expectations may be exaggerated becasue of the planned costs of the registration of new TLDs - some experts estimate it around $50.000.
Paul Twomey, the CEO of ICANN, commenting on this revolutionary step has told the BBC
"It's a massive increase in the geography of the real estate of the Internet".
Posted by: Tomasz Rychlicki @ 20.25
Domain names, ICANN,
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