1. It’s register by another company which is subsidiary of BMW company.
2. while you see this domain http://abc.xyz it is very short and easy to remember.
3. Computers know numbers only ( 1’s and 0’s) but human know alphabet.
www.Google.com IP address is 18.104.22.168
http://abc.xyz IP address is 22.214.171.124
4. Wants to Be a role model for having abc.xyz and may be would like to increase the online presence for xyz extension .
Also check the announcement here https://investor.google.com/
5. short and sweet really works.
6. User-friendly to remember but hard to type