The Internet's key oversight agency relaxed rules Thursday to permit the introduction of hundreds, perhaps thousands, of new Internet domain names to join “'.com,”' making the first sweeping changes in the network's 25-year-old address system. The new domain expected to join are “.bank, .nyc, .berlin, .post. .bg” and more.
The Internet Corporation for Assigned Names and Numbers unanimously approved the new guidelines as weeklong meetings in Paris concluded. ICANN also voted unanimously to open public comment on a separate proposal to permit addresses entirely in non-English languages for the first time.
New names won't start appearing until at least next year, and ICANN won't be deciding on specific ones quite yet. The organization still must work out many details, including fees for obtaining new names, expected to exceed $100,000 apiece to help ICANN cover up to $20 million in costs.