Submission + - Dot-Word Bidders in Last Minute Dash (theregister.co.uk)
benfrog writes: "Dot-word bidders are in a last-minute dash for domain names as the organization has revealed its timetable for the controversial new TLDs. The organization will close its TLD Application System (TAS) at a minute before midnight tonight (23.59 GMT, 19.59 ET, 16.59 Pacific). The TAS was originally supposed to close on April 12 but the deadline was extended twice because of a security bug. The winners for domains will be selected (intially) by a "widely derided mechanism" of "digital archery" in which every bidder will be assigned a date and time and then be asked to login to a secure website and hit a submit button as close to that time as possible."