ICANN, the body that regulates these things, has approved new top-level domains.
What this means is that you will see domain names that can be .anything instead of just .com, .net, .org etc. Of course creating or buying new TLDs won't be free.
The sky is the limit here. We'll probably see big brands get their own (.coke, .ford, etc.) and also categories like .cars, .sports, and probably .porn.
(Via CircleID)
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Full story at http://feedproxy.google.com/~r/businessinsider/~3/9oMpHjxqM94/icann-tld-2011-6
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