ICANN pushes Ahead
ICANN chairman saw little value in delaying a ICANN release of the new gTLD program, when critics have not found a specific problem that they needed to change in order to not delay the release. With the release of the the application, the cost to buy a new domain has a huge application fee attached to it of 185,000. The applicants will be able to push away from the traditional .dot com’s and will be able to have a new ending, opening all sorts of marketing strategies. The Federal Trade Commission claims that the new system will be able to create fraudulent websites and confuse users. However, ICANN says they have set up significant amount of time and financial interests aside to assure the success of the program. The concern is for users to become victims of internet cyber-hackers who pray on misspellings of websites. To read further on this topic click here.