ICANN Opens the Doors to New Domain Names
June 28, 2008 by david
The Internet Corporation for Assigned Names and Numbers, ICANN, voted on Thursday to relax rules for 
naming websites. The ruling announced earlier this week allows public and private organizations to use their brand or name as the suffix of the domain name. So Coke could have .coke and launch a domain like drink.coke for example. The city of Las Vegas could have domains like trump.vegas or southbeach.miami could be a hot one for that popular travel destination.
It’s not clear what the ramifications are going to be, but it is clear that they’re trying to keep these news domain names out of the hands of small entrepreneurs and cybersquatters by setting price tags at $50,000 and up.
The new names should begin appearing sometime in 2009.
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