[NotSteve]

I had no idea foo was a tld

[abeisgreat]

I believe it is owned / controlled by Google, along with many other interesting TLDs https://www.registry.google/

[fredley]

Seems Google have grabbed most of the land: http://bar.foo

[ofcrpls]

They announced this as part of their Google Domains launch at I/O 2014.

[endgame]

gTLDs : for when you need to conjure up a new namespace to sell to people.