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Concept
.com
Summary
The domain com is a top-level domain (TLD) in the Domain Name System (DNS) of the Internet. Created in the first group of Internet domains at the beginning of 1985, its name is derived from the word commercial, indicating its original intended purpose for subdomains registered by commercial organizations. Later, the domain opened for general purposes.
The domain was originally administered by the United States Department of Defense, but is today operated by Verisign, and remains under ultimate jurisdiction of U.S. law. The .com domain is also more commonly used than the more specific .us by American businesses and enterprises. Verisign registrations in the .com domain are processed via registrars accredited by ICANN. The registry accepts internationalized domain names.
The domain was one of the original top-level domains (TLDs) of the Internet when the Domain Name System was implemented in January 1985, the others being edu, gov, mil, net, org, and int. It has grown into the largest top-level domain, and has lent its name to the dot-com bubble, the era of the late 1990s during which excessive speculation in Internet-related concepts and companies led to rapid growth in the use and adoption of the Internet. By 2001 it led to a stock market bubble and crash of company valuations and stock pricing.
The domain com was one of the first set of top-level domains when the Domain Name System was first implemented for the Internet on January 1, 1985. The domain was administered by the U.S. Department of Defense, but the department contracted the domain maintenance to SRI International. SRI created DDN-NIC, also known as SRI-NIC, or simply the NIC (Network Information Center), then accessible online with the domain name nic.ddn.mil. Beginning October 1, 1991, an operations contract was awarded to Government Systems Inc. (GSI), which sub-contracted it to Network Solutions Inc. (NSI).
On January 1, 1993, the National Science Foundation assumed responsibility of maintenance, as com was primarily being used for non-defense interests.
Official source
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