‘Cybersquatters’ have been buying up domain names relating to the launch of the iPhone in the UK, according to a report from Netimperative.

Addresses such as www.o2iphone.co.uk, www.o2iphone.net and www.orangeiphone.co.uk have been snapped up in the hope of making money from misdirected customers through pay-per-click style advertising.

Not the most honest day’s work, but what a great term. ‘Cybersquatting’ – makes it sound like there’s a derelict council flat lurking somewhere on the web. Watch me shoehorn it into an article next week.