
American lawmakers announced Friday that the US will give up the federal government’s longstanding oversight of the administration of the Internet, satisfying international critics while potentially frightening some American business leaders.

As international complaints became more vocal there was speculation that the United Nations would step into a bigger role of Internet administration. A number of global leaders have advocated such a measure, although the US has never been in favor and the announcement Friday seemed to further minimize that possibility.
Not all parties are as enthusiastic, though, over concerns that ICANN has not done enough to maintain a secure environment online. The organization’s primary responsibility is to supervise the assignment of online domains. It is currently in the midst of a bulky transition that includes the addition of hundreds of new domains such as .management, .army, and .expert rather than the traditional .com or .org.
LOL, well things are about to get a lot more interesting...
International leaders will convene in Singapore on March 24 to further deliberate over the future of the Internet.
I can honestly say, I didn't see that one coming... Maybe there still is a chance... The US is having a rough time...

Source: Amid NSA fallout, US to relinquish top internet oversight role ? RT USA
More: on this: http://arstechnica.com/tech-policy/...ement-us-to-give-up-control-of-dns-root-zone/