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Industry Groups Bid To Control New Business-Specific TLDs 55

Gunkerty Jeb writes "Two financial industry groups, the American Bankers Association (ABA) and the Financial Services Roundtable, announced on Thursday that they have applied to the Internet Corporation for Assigned Names and Numbers (ICANN) to operate two top level Internet domains, .bank and .insurance, on behalf of the financial services industry. In a published statement, the groups said that they had applied for .bank and .insurance to 'provide the highest security for the millions of customers conducting banking and insurance activities online.' The move comes as the U.S. Congress is set to begin hearings on e-banking fraud on Friday."

The Race To Beer With 50% Alcohol By Volume Screenshot-sm 297

ElectricSteve writes "Most of the world's beer has between 4% and 6% alcohol by volume (ABV). The strength of beer achieved by traditional fermentation brewing methods has limits, but a well-crafted beer that is repeatedly 'freeze distilled' can achieve exquisite qualities and much higher alcohol concentrations. An escalation in the use of this relatively new methodology over the last 12 months has seen man's favorite beverage suddenly move into the 40+% ABV realm of spirits such as gin, rum, brandy, whiskey, and vodka, creating a new category of extreme beer. The world's strongest beer was 27% ABV, but amidst an informal contest to claim the title of the world's strongest beer, the top beer has jumped in strength dramatically. This week Gizmag spoke to the brewers at the center of the escalating competition. New contestants are gathering, and the race is now on to break 50% alcohol by volume."

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