A little more nuanced than that, at the bottom of the article it says:
According to a 2014 Gigaom interview with Paul Kane, then chairman of the Internet Computer Bureau, the domain name registry is required to give some of its profits to the British government, for administration of the British Indian Ocean Territory.[23] After being questioned as a result of the interview, the British Government denied receiving any funds from the sale of .io domain names, and argued that consequently, the profits could not be shared with the Chagossians, the former inhabitants forcibly removed by the British government.[24] Kane, however, contradicted the government’s denial.[25][26]
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
While this is an interesting read, this doesn’t appear to be the case:
The .io TLD wikipedia article claims that it has always been operated by private entities and no revenue is shared with the United Kingdom
A little more nuanced than that, at the bottom of the article it says: