Tim Berners-Lee, the acknowledged "Father of the Internet", announces the creation of the World Wide Web Foundation. The WWF aims to further the following goals:

• * foster a more free and open "One Web"
• * improve the Web's capability and robustness
• * extend the Web's benefits to all peoples of the world

Tim Berners-Lee outlined his vision in a speech during the John S. and James L. Knight Foundation in Washington, D.C. (USA). Alberto Ibargüen, Knight Foundation's president and CEO, will provide a $5 million as seed grant to jumpstart the World Wide Web Foundation.