Domin names are big business nowadays. If you want to set up a new website you either have to make a word up that nobody else would think of (like myself) or wait it out until your preferred domain is released from its previous owner. However, if that domain name is remotely popular, it may cost you quite a bit of money. The biggest ever seller is sex.com, which went for a reported $12m (£6.m) in 2006. Vodka.com sold for $3m (£1.5m), and Pizza.com fetched $2.6m (£1.3m). Now Bond.com is going to join the list of most expensive domain names ever, as it has been put up for auction for $1 million.

The people behind James Bond have already got 007.com and JamesBond.com, so I wonder if they will be interested in placing a bid? They have until next Thursday to decide!