The Next Big thing
I feel this could be massive and the Se’s are not going to like it,
A complete overhaul of the way in which people register domain names on the internet has been given the go-ahead in Paris. at present we have country level tld, but now business and cities can request their own TLDs, so TLDs such as .sco for Scotland, or .ldn for London, and .nyc for New York could be come place but I bet on .news, .porn .kids and so on will be the ones where the bidding on land grab will happen.
also domain names written in Asian, Arabic or other scripts, was also approved.