The Internet Corporation for Assigned Names and Numbers (ICANN) has finalized accreditation agreements with registries for two new generic top-level domains (gTLDs), .biz and .info, which will join the existing well-known gTLDs .com, .net, .org, .edu and .gov. This development marks the first introduction of new global gTLDs since the mid-1980s when the current domain name system became operational.