The Pacific microstate of Tuvalu is in the unique position to capitalize on its much sought-after domain name — .tv — the worldwide abbreviation for “television.” In a new deal with GoDaddy, the small nation is poised to make an estimated $10 million a year from leasing its domain name to online streaming sites like Twitch.
A decision expected later today could radically expand the number of top-level domain names available on the Web. Many governments anticipate a more global web experience sensitive to cultural identity while many others fear the potential for confusion and online fraud. Guest: Jennifer Schenker, Paris-based technology correspondent for BusinessWeek.