ICANN approves open Web domain name rules
Move over .com, get ready for .anything .you .can .think .of.
The body that controls the way Internet domain names work, known as ICANN, has voted to open up the naming system so that any established organization with enough cash can apply to create its own version of .com, .org or .gov.
$185,000
From the article: The price tag to get a new domain created is $185,000.