"Megaupload is no more. One of the world's largest movie and music file-sharing sites was shut down by federal employees on Thursday. Federal authorities are calling it one of the largest criminal copyright cases ever brought. The official charge Megaupload is being accused of: international enterprise based on Internet piracy. The site was one of the most popular locker services on the Internet, allowing users to anonymously transfer files like music and movies. Many media companies have accused the site of abetting copyright infringement, and the grand jury indictment charges that Megaupload caused $500 million in damages to copyright owners and made $175 million through selling ads and premium subscriptions."
http://news.yahoo.com/blogs/trending...170938322.html
http://news.yahoo.com/blogs/trending...170938322.html
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