Upcoming flood of new top-level domains could change how we surf the internet

So, why do you care? Unless you’d already been planning on starting up a clothing company, you probably don’t in the short term. However, it is true that the new regulatory approach to URLs, first exploited here by Donuts , could be revolutionary — ICANN, the body in charge of administering TLDs, decided a few years ago to allow open season on address endings. If you’ve got $185,000 lying around to buy an application, and another $25,000 per year for administration fees, then you can go register just about any string of three or more letters.

http://www.extremetech.com/extreme/175710-upcoming-flood-of-new-top-level-domains-could-change-how-we-surf-the-internet