Not that the federal government does anything well, but can you imagine how bad international groups will manage this. Thanks Obama.
Check it out:
The U.S. government plans to give up control over the body that manages Internet names and addresses, a move that could bring more international cooperation over management of the Web, but will make some U.S. businesses nervous.
The Commerce Department said Friday it plans to relinquish its oversight of the Internet Corporation for Assigned Names and Numbers, or Icann, which manages a number of technical functions that serve as signposts to help computers locate the correct servers and websites.
The action is viewed as a response to increasing international concern about U.S. control over the Internet’s structure, particularly in light of the recent disclosures about surveillance by the NSA and other U.S. intelligence agencies.
Other governments have complained that the department’s contract with Icann gives the U.S. unique influence over the Web, which it could use for a wide variety of purposes. In response to those concerns, the Obama administration is convening a process to create a new oversight structure for Icann when the current contract runs out in September 2015.Continue reading on online.wsj.com