Recession hurts web address growth

The economic downturn is being felt in all sectors, including domain names. Domain registrar VeriSign's said 10.1 million new web addresses were registered in the fourth quarter. That figure may sound impressive, but it represents a 17 percent drop from a year ago.

The slowdown in new URLs is clearly a reflection of the recession's impact, VeriSign spokesman Tom Galvin, told the Wall Street Journal. At the same time, he said, China continued to have the biggest presence among non-U.S. domain names, although the fastest-growing international domain this quarter was Russia.

For more on domain names:
- see this WSJ.com article

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