Web regulators Thursday voted to allow the creation of thousands of new domain names, from .paris to .Pepsi, in one of the biggest shake-ups in Internet history…
Currently all web addresses fall under one of some 250 top-level domain names: .country or .territory domains, and generic ones such as .com, .net and .org, .gov, and .edu.
Under the new system, the web’s 1.3 billion users would be able from 2009 to buy an unlimited number of generic addresses based on common words, brands or company names, cities or proper names.
(via simko)
Sorry for the bad image, didn’t take it and cannot change it.