The United States will fulfill a years-old promise to privatize the governance of the World Wide Web in October.
The Internet Corporation for Assigned Names and Numbers (ICANN) was established in 1988 to coordinate domain names across the globe. A nonprofit organization, ICANN is overseen by the US Department of Commerce.
Naturally, a number of countries and privacy advocates have expressed concern that a global entity as vital as the internet is under the control of the US, and the Obama Administration promised to cede control over ICANN.
Until recently, Washington had failed to make good on this promise. But on Tuesday, Assistant Secretary Lawrence Strickling confirmed that the process will be finalized in roughly two months.