On Monday afternoon, Daniel Negari was working at the Santa Monica headquarters of .XYZ, the company he founded in 2011 to dole out website addresses that end with that domain. He was having a run-of-the-mill day fielding requests for new .xyz websites when he got a message from a friend that read, “Congrats on abc.xyz.” He headed to the URL and discovered that Google CEO Larry Page had just used it to announce the launch of a newly minted parent company, Alphabet; its new home was abc.xyz. —The guy who owns .xyz will only get $8 from Google every year