SAN FRANCISCO (Reuters) – A body overseeing web addresses said it has vetoed a $1.1 billion deal to sell control of domain names ending in .org to a private investment firm after an outcry from internet pioneers and officials including California’s attorney general.
Inventor of the Web, Sir Tim Berners-Lee had spoken out against the sale of the domain which is specifically intended for charity and non-profit use and appeared relieved at the decision when he tweeted
“Phew. That sale would have been a travesty of governance of public things.”
Read the story at Reuters here