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New Internet suffix bids include ‘.lol,’ ‘bank’



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ICANN has already allowed two major expansions of the addressing system. In 2000, it approved seven new domains, including ".info" and ".biz." It began accepting new bids again in 2004. It added seven from that round, including ".xxx" last year. It also cleared others on an ad hoc basis, including ".eu" for the European Union and ".ps" for the Palestinian territories.

Under the new system, the application process will be streamlined and allow for up to 1,000 new suffixes a year.

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