
MegaUpload Shut down by Feds
This is some scary stuff. We were all protesting SOPA yesterday, and the powers in the law area already here. Arrested are NON-US Citizens, living in Hong Kong, using offshore servers and so on.
Story***
File-sharing website, MegaUpload.com has been shut down effective Janaury 19th, by federal prosecutors claiming that the website has violated piracy laws. The website, founded by entrepreneur (and convicted criminal) Kim Schmitz, was until being shut down, the #1 file sharing website. Much of its revenue was made from performance-based and affiliate marketing advertisements placed on the website, providing one of the top display sources for the industry.
MegaUpload.com Shut Down by Feds
Story***
File-sharing website, MegaUpload.com has been shut down effective Janaury 19th, by federal prosecutors claiming that the website has violated piracy laws. The website, founded by entrepreneur (and convicted criminal) Kim Schmitz, was until being shut down, the #1 file sharing website. Much of its revenue was made from performance-based and affiliate marketing advertisements placed on the website, providing one of the top display sources for the industry.
MegaUpload.com Shut Down by Feds
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