The Internet's governing body has approved plans to make the new ".biz" Internet suffix available to businesses, providing an alternative to the crowded ".com" top level domain space.
The rollout of new Internet top-level domain names has hit a speed bump with the filing of a class-action lawsuit alleging that the operators of the new .biz domains are running an illegal lottery by charging customers for the chance to register a .biz name.
With the Internet's .com suffix getting increasingly overcrowded, Asian domain name registries are taking the lead in securing customers for the new .biz tag.
The World Intellectual Property Organisation is preparing itself for a possible flood of complaints over the new .biz and .info domain names.
Australian domain name registrar Melbourne IT has taken an immediate 10 percent stake in a joint venture with US telecommunications company NeuStar, as it vies for a slice of the lucrative .biz top level domain.
Lots of people think .com when they think about the Web. If the domain you use has an extension other than .com, you can bet that potential visitors will get it wrong.
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