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MegaUpload Shut Down by the Feds, Founder Arrested

MegaUpload, one of the largest file-sharing sites on the Internet, has been shut down by federal prosecutors in Virginia. The site's founder Kim Dotcom and three others were arrested by the police in New Zealand at the request of US authorities. MegaVideo, the streaming site belonging to same company, and…

The Pirate Bay ‘Moves’ to North Korea (Updated)

The Pirate Bay says it has been offered virtual asylum in North Korea. The move comes after the Norwegian Pirate Party was forced to stop routing traffic for the infamous BitTorrent site by a local copyright group. "We can reveal that we have been invited by the leader of the…

Cyberlocker Ecosystem Shocked As Big Players Take Drastic Action

In the wake of last week's Megaupload shutdown, some of the biggest names in the market are taking drastic action. During the last 48 hours many sites have completely withdrawn their systems for paying uploaders when their files are shared with others, but one of the most dramatic moves came…

Filesonic Kills File-Sharing Service After MegaUpload Arrests

Filesonic, one of the Internet's leading cyberlocker services, has taken some drastic measures following the Megaupload shutdown and arrests last week. In addition to discontinuing its affiliates rewards program and not yet paying accrued money to members, the site has disabled all sharing functionality, leaving users only with access to…

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