The US has announced to give up its control over Internet's technical operations and hand over those functions to the global multi-stakeholder community. The US government, in a statement Friday, sought to convene global stakeholders to develop a proposal to transition away from US government oversight of the Internet's domain name system. National Telecommunications and Information Administration (NTIA) said, the decision is aimed at supporting and enhancing the multi-stakeholder model of Internet policymaking and governance.Top American lawmakers, including the Senate Commerce Committee Chairman, John Rockefeller, welcomed the move. He said, the Internet was invented and developed in the US, and it has completely transformed the way people communicate and do business in every corner of the world.