Well, it now seems that Steem is owned by somebody, Justin Sun, who colluded with major exchanges such as Binance and Poloniex, using Steem from user's exchange wallets to replace all top witnessess and vote in 20 new block producers / witness to stop a softfork. The softfork would have limited the control that Justin Sun (owner of Tron) would have over the network after buying @Ned's share, which might have still been 20% of the total Steem in the network.

So instead of a 4 week power down, it will now be a three day power down.

I also recommend this article as to what this means.

https://steemit.com/hive-177682/@neoxian/the-bank-of-neoxian-final-report

The internet is owned, and control of that is concentrating into fewer and fewer hands with more and more censorship. You may argue there are always around this... if you have the technical know how, but most internet users have a difficult time daily computer usage. These sort of people rely upon the Domain Registrars to navigate their way around the internet. These are all commercial companies, and thus owned.