ICANN approves non-Latin characters for domain names
Roughly 1.6 billion internet users speak languages that don't use Latin characters. That's half of the people that usee the internet.
Officials describe the move as the "biggest technical change to the Internet since it was created four decades ago." Nations and territories will be able to apply for internet extensions reflecting their regions starting on November 16th. We'll probably start seeing Internationalized Domain Names starting in mid-2010.