Subtleties and Shades of Web, Net and Apps

Forget about having www.YourNameHere.com or www.YourNameHere.net, now you can have www.anything.YourNameHere . But instead of $10 you need to pay $185,000. Expect domain names like .Walmart, .Amazon or .nyc soon. ICANN, which oversees the Internet’s address structure, is moving toward enabling companies and organizations to create their own top-level domains.That will cover legal costs, processing fees, and the work needed to ensure that an applicant is legitimate and technologically capable of running a domain.    source: www.washingtonpost.com

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