ICANN, global internet regulatory body which oversees domain names, has voted for introducing a new option that allows a domain ending in other words, instead of previously used. com,. net and others, after meeting in Singapore. They will accept applications for domains with new suffixes from January 12 next year.
ICANN President and CEO Rod Beckstrom in his statement said We hope this allows the domain name system to better serve all of mankind. Experts say corporations and cities should be among the first applicants to register for new generic top-level domain names (gTLDs), resulting in domain names ending in brands like .sony, .apple, or place names like .london.
Currently there are 22 gTLDs like .com, .org, .net and other, and about 250 country-level domains like .uk or .cn. After these changes, we expect several hundred new gTLDs.Source: ChinaDaily.com.cn