Uncannily timed to a new report that declared it an "enemy of the Internet," the US government is loosening its grip on the administration of the Internet. As of Friday, the US has given up its control over the Internet Corporation for Assigned Names and Numbers (ICANN), best known for its regulation of domain names.

"I welcome the beginning of this transition process that you have outlined," said Fadi Chehade, president of ICANN. "The global community will be included in full."

It's a largely symbolic moce that was a long time coming. More significantly, however, the plan is now for the US and other governments to reach some sort of agreement over how domain names are to be controlled.

[via Gizmodo]