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Old 06-26-2008, 09:19 AM  
Moe
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XBIZ News: ICANN Expected to Open Up Internet to Free-Form TLDs

By Bob Preston
Thursday, Jun 26, 2008

PARIS ? ICANN is expected to approve a new measure that will open up the Internet to a virtually unlimited supply of top-level domains for a price.

Online reports confirm that starting in 2009, individuals, businesses and organizations ? just about anyone ? will be able to submit an application to ICANN for their own top-level domain, better known as the suffix at the end of a web address, like ".com" or ".org."

Applicants will have to submit a business plan and demonstrate that their proposed top-level domain has some kind of "technical capacity." In addition, ICANN will charge between $100,000 to $500,000 for a custom top-level domain.


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