Rod Beckstrom, chief executive officer of the Internet Corporation for Assigned Names and Numbers, or ICANN, says the group's plan to sell more specific domains could bring "more clarity [and] more quality" to the internet. The Federal Trade Commission has raised concerns about the plan.
Vast new tracts of the Internet are up for sale as of Thursday. The Internet Corporation for Assigned Names and Numbers, known as ICANN, is forging ahead with plans to sell new domain categories despite some vocal opposition from regulators and advertisers.
Forget .com or .org — for a registration fee of $185,000, applicants can register a new suffix like .music, or perhaps a brand like .NPR. If you think of the Internet as virtual land, new continents are now on the block.
Visitors view a photo montage of Royal Dutch Shell's Ethylene Cracker Complex during its opening ceremony in Singapore in 2010. The company is expected to announce plans soon for an ethylene cracker plant in Ohio, Pennsylvania or West Virginia.
Ever since the collapse of the domestic steel industry, blue-collar workers living in the mountain towns near the border of Pennsylvania, West Virginia and Ohio have struggled to find jobs.
But last June, Shell Oil Co. announced it would build a huge petrochemical refinery somewhere in that Appalachian region. The plant, known in the industry as a "cracker," could bring billions of investment dollars and thousands of jobs.
At the 2012 North American International Auto Show, it's clear that the industry's love affair with alpha-numeric designations hasn't waned. There's the ATS, the 700C, the MKZ. Now comes the CTX, a new line of Craftsman riding lawn mowers. They are fast, powerful and loaded with amenities.
"Everybody knows that Detroit's the national stage for cars — Motor City is where autos come from. So this show made perfect sense to come here and launch the tractor," says Onney Crawley, Craftsman's director of brand management for lawn and garden.