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US to relinquish control of ICANN

The US government has decided to relinquish its control of the internet’s address system, in a shift that may raise questions about the future direction of online innovation and communications, the Associated Press has reported. The decision begins a long-planned transition affecting the stewardship of the Internet Corporation for Assigned Names and Numbers (ICANN). That’s a not-for-profit agency launched in 1998 by the US Commerce Department to govern the system that assigns website addresses and directs internet traffic. The Commerce Department hopes to end its ICANN oversight by the time its contract expires in September 2015.