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ICANN gains independence from the U.S.

The organization that oversees domain names and IP addresses is now accountable to the Internet community worldwide.

The Internet Corporation for Assigned Names and Numbers, the body that oversees some of the core mechanisms of the Internet, has been granted independence from the U.S. government.

On Wednesday, ICANN and the U.S. Department of Commerce announced that they had signed a new agreement that states the Internet body is "independent and not controlled by any one entity." It also commits ICANN to remaining a private, not-for-profit organization.

A previous arrangement between the U.S. government and ICANN has just ended, paving the way for the new deal.

"[The agreement] commits ICANN to reviews performed by the community--a further recognition that the multi-stakeholder model is robust enough to review itself," the Internet organization said....

Read more of "Icann gains independence from the US" at ZDNet UK.