The Internet Corporation for Assigned Names and Numbers (ICANN) is a non-profit corporation headquartered in California that was incorporated in 1998 to oversee a number of Internet-related tasks previously performed directly on behalf of the U.S. Department of Defense, which created the Internet. ICANN manages the assignment of domain names and IP addresses. To date, much of its work is about making new generic top-level domains (e.g. .edu, .com, .gov, etc.).
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