Didn't Obama give complete control of ICANN to the United Nations recently? Was he just feeling super generous to other countries because I suse wasn't on board with that idea. :(
The entire overview of the decision is in the article. Essentially, one piece of how the Internet was managed was handed over from the U.S to ICANN. The reason is fairly straightforward; the federal gov did not feel the need to manage this thing for which there was no need for them to manage it.