The Corporation for Assigned Names and Numbers (ICANN) has approved sweeping changes to the way top-level domains (TLDs) are assigned. For $50,000 to $100,000 you can create any top level domain such as .coke or .idiocy. Because of the price, this will be something that only large corporations, governments or wealthy people will jump on. What happens when someone registers a TLD that is hateful or offensive to others? This deflates web name speculators as the variety of names reduces the exclusivity of high value names. This will be an interesting one to watch. -GW
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