This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Amazon's New Domains May Not Come Easy

NEW YORK ( TheStreet) - Amazon (AMZN - Get Report) sells a lot of books. So many, in fact, the online retailing giant has asked for permission to create a few new Internet domains just for itself. It wants Web addresses with the suffixes ".book". ".read" and ".author", but the publishing industry is putting up a fight.

Barnes & Noble (BKS - Get Report), whose ticker symbol is BKS (Books), was one of the companies to offer up opposition to the move. A pair of industry groups are fighting it as well. The Author's Guild and the Association of American Publishers are fighting the idea that Amazon, as a single entity, could buy and control these new domains - and ace out any and all of the competition, according to The Wall Street Journal.

The Internet Corporation for Assigned Names and Numbers (ICANN), a nonprofit group, is the entity in charge of assigning domain names. The group controls the use of the well known suffixes, including ".com", ".net" and ".org". Amazon is taking advantage of ICANN's plans, as the group is in the process of developing a plan to expand the number of available domains.

We'll be hearing a lot more about all of this in the next few weeks. The first of ICANN's new domains are expected to begin their online life late next month.

--Written by Gary Krakow in New York.

>To submit a news tip, send an email to:
Gary Krakow is TheStreet's senior technology correspondent.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AMZN $683.85 0.00%
BKS $11.86 0.00%
AAPL $93.64 0.00%
FB $118.57 0.00%
GOOG $698.21 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs