The world welcomed news that the United States would finally cede control of the internet address system this fall. You know… Because the American government was spying on everyone and stuff. However, Uncle Sam just announced that he needs a little more time. Like maybe three years.
The Commerce Department announced in a blog post that it would be extending its contract with ICANN for another year, "options to extend the contract for up to three additional years if needed." So instead of ceding control of the internet in a few months, the U.S. might do it in a few years. What's the rush?