ICANN opens generic domain application process
Found on ZDNet on Thursday, 12 January 2012
ICANN has started to accept applications for new generic top level domains, which will include words for brands, and non-Latin characters.
ICANN has faced a number of criticisms of the application process, including that the fee, at $185,000 (£120,000), may be too high for applicants from smaller organisations, charities, and developing countries.
Some organisations have called ICANN's ability to provide efficient internet governance of thousands of new TLDs into doubt.
Nothing more than another way to make money. ICANN can easily throw a bunch of new TLD's onto the Internet and can be sure that at least companies register their names and trademarks, unless they want some squatter to grab them first.