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... 17, 2015, out of 1930 submitted applications for new gTLDs, 593 have been completed, i.e., delegated – “introduced into Internet.” 551 applications have been withdrawn or otherwise will not proceed. 786 are currently still in the process. See ICANN stats. From a business standpoint, new gTLDs have been a disappointment so far. Real businesses and the public at large are yet to embrace them. I have not seen a single functioning website with a URL residing on a new gTLD. Most experts,...

It seems small and medium size enterprises and businesses (also known as SME) have been largely ignoring the process of the expansion of generic top level domains. At least until now. They should start paying attention soon. The ICANN, the International Corporation for Assigned Names and Numbers, the entity that regulates domain names, has approved the first wave of generic top-level domains (gTLDs) for release. A top-level domain name (TLD) is the suffix that follows a web address,...