One of the memes hitting the blogosphere recently has been that the US just "gave up control of the internet".
This week on Canto Talk, Legal Insurrection's Mandy Nagy explained why that wasn't the case. (Skip ahead to 14:50 for Mandy's appearance; she also gives us her regular Obamacare update).
As Mandy explained it, the US has been responsible for coordinating the Internet’s domain names (e.g. "legalinsurrection.com") and with the number-based IP address that computers use to bring order to the different devices and destinations on the Internet. The government has subcontracted this function out for years (probably why it works as well as it does). It essentially has done nothing more than send the work to another subcontractor.
A
Fox News piece provides further details: