ICANN approves widespread new domain cybersquatting

From The Register: “ICANN has officially approved widespread corporate cybersquatting for new
domain name registry operators.

It is not a well-known aspect of the new domain operators’ contract, but they are
entitled to register up to 10,000 domains for themselves before allowing anyone
else access. ICANN argues that a registry operator will need a wide range of
addresses on that registry in order to work effectively, and it is impossible to
disagree with that.”