[LINK] ICANN sells the farm

[Tony Barry]

Extracted item for information.

Source: THE NET NEWS
	From Alan Farrelly
	March 2, 2001
- - - - -
ICANN SELLS THE FARM
The Internet Corporation for Assigned Names and Numbers, ICAN,
today announced a deal in  which Verisign will surrender control
  over "org" and "net" in exchange for keeping   rights to manage
  "com" (where the money is). Verisign was originally
Network Solutions which ran the whole domain name structure until
  ICANN was created. Verisign will invest $200 million in an
endowment to offset expenses and make participation affordable
  to non-profit organisations. See
http://www.icann.org/melbourne/proposed-verisign-agreements-topic.htm
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