ICANN, the corporation that rules the Internet's address book, plans to increase the number of "top level" domains from the current 22 to 1,000 domains starting in early 2013. But not everyone is happy with that plan — and many say it's an open call to price-gougers and con artists.
Others complain that with 1,930 applications, ICANN — a non-profit corporation — raised just over $357 million. The U.S.-created entity was also in the news last spring, when it approved the .xxx domain.
R. Allen Stanford, the billionaire financier and cricket fanatic who was convicted earlier this year of "bilking investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history," has been sentenced to 110 years in prison, The Associated Press reports.