IT’S OVER: US cuts cord on internet oversight: As of October 1, 2016, the IANA functions contract has expired

IT’S OVER: US cuts cord on internet oversight: As of October 1, 2016, the IANA functions contract has expired:

The US government on Saturday ended its formal oversight role over the internet, handing over management of the online address system to a global non-profit entity. US and ICANN officials have said the contract had given Washington a symbolic role as overseer or the internet’s “root zone”