The overseers of the Internet on Monday published a keenly anticipated proposal to step out from under US oversight
Under the plan, nonprofit Internet Corporation for Assigned Names and Numbers (ICANN) would create a separate legal entity that would be contracted to handle key technical functions of the online address system.
Read MoreA " Customer Standing Committee" would monitor performance of what would essentially be an ICANN subsidiary, and a review process involving stake-holders would be put in place...
