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Shortly after Montenegro gained independence in June of 2006, the ISO 3165 Maintenance Agency assigned the emerging nation the country code "ME." By submitting an application to the IANA to have .Me designated as the country's top-level domain (TLD), the Government of Montenegro took its most important step in establishing .Me. The designation was finally approved and took place in September 2007.

The Wall Street Journal reports that the Internet Corporation for Assigned Names and Numbers (ICANN) is considering sweeping changes to the way top-level domains (TLDs) are assigned. Under this newly proposed plan, any organization could apply for any top-level domain (ICANN calls these new domain names generic TLDs). Google, for example, could get a .google domain, or Coke products might be found under .coke. If accepted, this would be the most significant modification of the TLD naming system yet.

Update: ICANN just approved these changes.