Until I read about it in The New York Times, I had no idea that Tuvalu — a small South Pacific island nation previously best known as one of the most likely to sink below water as the oceans rise (“Toodle-oo, Tuvalu,” goes the sardonic refrain) — has been making millions of dollars by selling its Internet URL suffix .tv to companies that stream videos and the like.
Every country and a number of dependencies has been assigned a country code, usually based on its name, and Tuvalu lucked into the .tv designation years ago.
I salute their entrepreneurial spirit, even as their low-lying atolls threaten to become the next Atlantis.
It turns out Tuvalu isn’t the only country doing this sort of business.
According to The Times, Colombia has been doing boffo biz… Continue reading