I don’t even know where to start with this AFP wire story. The writer obviously doesn’t understand that the IPv4 address shortage has nothing to do with top-level domain expansion:
With the stock of available web addresses under the current IPv4 protocol set to run out by 2011, ICANN has been under pressure to find a solution for burgeoning demand. In theory, an infinite number of new domain names could be born, which would prove a boon for ICANN because it would receive payment for each one.
I’m half-tempted to compile a list of factually-inaccurate technology reporting from major media outlets, just so I can forward it to sanctimonious “journalists” whenever they attack the accuracy of blogs.