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The Internet Corporation for Assigned Names and Numbers (ICANN) is releasing a new policy in which anyone can start a top-level domain (the part of a URL to the right of the period, such as “.com” or “.net”).

According to ICANN, this service will enable entrepreneurs to sell specialty addresses, such as .shoes, .ibm, .movies or .apple, to interested parties.

via ICANN Avails Top-Level Domains at High Price-Point – MarketingVOX.