MS & Sony Investing A Lot Into New Domain Names

Looks like Microsoft and Sony are getting extremely keen on getting into the
race for new top-level domain names. In case you didn't hear, the Internet Corporation
for Assigned Names and Numbers (ICANN) started to issue specific domain applications
from huge corporations.

Conventional Internet abbreviations such as '.com' and '.net' are being replaced by specific ones. So, according to reports, Microsoft has now allegedly invested $2.035 million in securing domain names such as '.windows' '.xbox' '.bing' and '.skype'. Sony's put down $555k in an effort to grab names like ".sony" and ".xperia". ICANN is asking at least $185,000 just to place a bid on a specific URL.

Meanwhile, the ICANN is taking its time with evaluations, up to 20 months, which is probably when the first examples of these new-fangled URLs are going to emerge.

Yeah, I'm gonna start bidding for ".easymoney" right now.

Source.

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