MegaUpload Shut Down – Owner Charged With Piracy

MegaUpload, one of the world’s largest file-sharing sites, has been shut down and several employees, including the founder, have been charged with violating piracy laws. The site has been accused of costing copyright holders over $500 million in lost revenue from pirated music and other content. The shut-down comes only a day after websites such as Wikipedia and Reddit shut down services in protest of…

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