Coming soon to the Internet: website addresses that end in ".bank," ".Vegas" and ".Canon." The organization that oversees the Internet address system is preparing to open the floodgates to a nearly limitless selection of new website suffixes, including ones in Arabic, Chinese and other scripts.
Source:
http://www.huffingtonpost.com/2011/06/17/domain-name-system-changes_n_879640.html
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