The Internet Corporation for Assigned Names and Numbers (ICANN) said it would take up to December to come up with a process for handling the large number of applications for gTLDs (generic top-level domains). There are close to 2,000 applications for gTLDs, and ICANN has said it is only possible to add 1,000 new gTLDs to the Root Zone per year, making it important that the organization evolves a process to handle the applications in batches.
Read full story: PC World
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