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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…

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 During the last 48 hours many sites have completely withdrawn their systems for paying uploaders when their files are shared with others, but one of the most dramatic moves came…

BitTorrent Giant BTjunkie Shuts Down For Good

BTjunkie, one of the largest BitTorrent indexes on the Internet, has decided to shut down voluntarily today. A combination of legal actions against fellow file-sharing sites and time-consuming projects have led to the drastic decision that takes out one the main players in the BitTorrent landscape.

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