19 October 2016 – On September 29, Google published a new blog which uses .google domain rather the standard .com. It seems the company may have inspired other companies to tout their brand names in the digital realm as well. According to a report on CNET, we have since seen requests for domain names such as .kindle, .apple, .ibm, .canon, and .samsung. And it’s not just tech companies that are finding this very attractive, other domain requests include .ford, .delta, .hbo, .mcdonalds, and .nike. From the report:
Approval, of course, is just a first step. It’s not clear how enthusiastic most companies will be about the new names. So far, Google is the eager beaver. What’s fun for Google is a daunting financial commitment to others. A $185,000 application fee and annual $30,000 operation fee will keep mom-and-pop shops away from their own domains. Still, plenty of businesses other than Google see the new domain names as a good investment. Branded domains can add distinction to an internet address, and renting out generic top-level domain (GTLD) names can potentially be a lucrative business. At a January auction, GMO Registry bid $41.5 million to win rights to sell .shop domain names. And in July, Nu Dot Co won .web with a bid of $135 million. Hundreds of new top-level domain names are approved. The single most popular in use is .xyz. Hundreds of new top-level domain names are approved. The single most popular in use is .xyz. Where does all the money go? To a nonprofit organization called ICANN — the Internet Corporation for Assigned Names and Numbers. The organization oversees internet plumbing on behalf of companies, governments and universities, as well as the general public.