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The united states planning to give up remaining control over the internet. the management of domain names and other important technical aspects. international critics have been pushing for the move by the obama administration, but this plan is alarming some u.s. business leaders and others who rely on the web's smooth functioning, not to mention all its freedoms. elizabeth prann in washington with more. >> reporter: hi, gregg. the u.s. is giving up its leading role in managing certain aspects of the internet. the commerce department has been overseeing the internet corporation for assigned nam...

Home. elizabeth has more from washington. >> reporter: the u.s. giving up the leading roll in managing the internet. they are a signed names and numbers for i can. that is iowa p addresses and other web requirements in the world. that however is scheduled to exfire next year and it a pores that the u.s. will give up the oversight role and let the contract. it will be taken on by private businesses and not just governments. critecs are raising concerns that other countries will try to attack control. >> it is almost as if admit we have made stupid and unconstitutional mistakes, let's clean up t...

Crimea. we'll check back with you. keep us posted on the developments. >> it's a very dangerous situation, today, tomorrow, the days to be come. it needs to be closely watched. it's not only about ukraine but about the world's order and freedom and democracy in the world. >> sir, thank you very much. >> thank you. the u.s. government is planning to relinquish control over the body that manages internet names and addresses, a move that's expected to bring more international cooperation over the management of the worldwide web. it's also making american businesses nervous. elizabeth is joining...