Linked by Thom Holwerda on Thu 24th Jan 2008 22:43 UTC
Internet & Networking ICANN, the group charged with overseeing the Internet's addressing system, has submitted a report to the US Department of Commerce in which it argues that the time has come to end US oversight. In October 2006, the Department of Commerce and ICANN signed the Joint Project Agreement, a three-year pact that extended Commerce's oversight of the body, while leaving open the possibility that the group would become independent as soon as April of this year. In the new report, ICANN argues that it has already met the requirements for independence and should therefore be freed from oversight.
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Where's the money?
by jonsmirl on Thu 24th Jan 2008 23:53 UTC
jonsmirl
Member since:
2005-07-06

ICANN is a license to print money. Where does the money go? Who will stop ICANN from using their monopoly position to pay themselves millions of dollars a year?

RE: Where's the money?
by Soulbender on Fri 25th Jan 2008 03:54 in reply to "Where's the money?"
Soulbender Member since:
2005-08-18

ICANN is a license to print money.


License to print money? Do you even know what ICANN is and what they do? I'm not exactly a fan of ICANN but a license to print money it ain't.

Who will stop ICANN from using their monopoly position to pay themselves millions of dollars a year?


You realize that paying money to yourself doesn't actually increase the amount of money you have, right?

Reply Parent Bookmark Score: 3

RE[2]: Where's the money?
by jonsmirl on Fri 25th Jan 2008 04:02 in reply to "RE: Where's the money?"
jonsmirl Member since:
2005-07-06

ICANN is getting $0.20 a year from every domain registered in .com, .net, .org, .biz, .info, .name, .jobs, and .mobi.

There is very little stopping them from raising that fee to $5/year.

Reply Parent Bookmark Score: 2