ICANN, the body that oversees the Internet’s naming system, gave the green light for organizations to begin applying to name and run their own domains instead of entrusting them to the operators of .com, .org, .gov and others. Up to 2,000 applications were expected for the so-called “top-level” international domains. At $185,000 per application, estimated start-up costs of $500,000 and annual running costs of about $100,000, a .yournamehere domain will be out of reach of the smallest companies and organizations. But applications were expected from cities or regions with strong identities, such as .london and .mumbai, from companies aiming to build a business based on new domains, and from community identifiers like .eco or .gay.
Apple promoted veteran exec Eddy Cue to oversee Apple’s advertising service called iAd and iCloud, according to a leaked memo published by 9to5Mac. Cue played a major role in creating the Apple online store in 1998, the iTunes Music Store in 2003 and the App Store in 2008, new CEO Tim Cook said in the email to employees.