Get Ready! .com is about to get .complicated

ICANN (Internet Corporation for Assigned Names and Numbers) has just approved the expansion of generic top level domains... what that means is that companies, or individuals for that matter, can register and create any number of top level domains (the text that comes AFTER the DOT).  For instance a web address could be .coke or .printing - so instead of coke.com they could have drink.coke as their new web address, plus anything else they could think of!

However, with a price tag of $185,000 (just for the application fee) and then a $25,000 a year fee to maintain the name - you can bet only the big boys will be getting in this game!

You can read the full story and get more info at Mashable.com.