Icann increases web domain suffixes

The Internet Corporation for Assigned Names and Numbers (Icann), a global internet body has voted to allow the creation of new website domain suffixes, the biggest change for the online world in years. Icann plans to dramatically increase the number of domain endings from the current 22...starting next year.

Internet address names will end with almost any word and be in any language.

"Icann has opened the internet's addressing system to the limitless possibilities of the human imagination," said Rod Beckstrom, president and chief executive officer for Icann.

There will be several hundred new generic top-level domain names (gTLDs), which could include such addresses as .google, .coke, or even .BBC.

There are currently 22 gTLDs, as well as about 250 country-level domain names such as .uk or .de.

It will cost $185,000 (£114,000) to apply for the suffixes, and companies would need to show they have a legitimate claim to the name they are buying. Analysts say that big global companies will be willing to pay these exuberant prices in order to maximise their internet presence.

The vote completes a six-year negotiation process and is the biggest change to the system since .com was first introduced 26 years ago.

Applications will start on 12 January.

Source:
BBC