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The Internet Corporation For Assigned Names and Numbers (ICANN) has approved plans that will make sweeping changes to domain names. This article includes what your business needs to know to prepare.
The ICANN Board of Directors approved a plan to dramatically increase the number of generic top-level domains (gTLDs) – from the current 22, which includes such familiar domain extensions as .com, .org and .net – to any number, if approved through the ICANN process. Hundreds could be approved next year.
Michael Cyger June 20, 2011