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New Megaupload Will Be Massive Global Network To Change The World * TorrentFreak

Several weeks ago Kim Dotcom informed the world that Megaupload would be back, bigger and better than ever. Today, in a series of announcements he's provided more intriguing details about the new service. "We are building a massive global network," Dotcom revealed, while adding that hosters will all be able to connect to the network to add servers and bandwidth - providing they're not in the United States that is. "I am going to turn this world upside down," Dotcom ...
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Canadian Stock Exchange Blocked Megaupload 2.0 Plans * TorrentFreak

Late last week, Kim Dotcom was getting ready to make a major announcement about Bitcache and the new Megaupload 2.0 service. However, just before going public the news was halted due to a "roadblock." Today, Dotcom reveals that he planned to announce a merger with a publicly listed Canadian company, but the stock exchange got in the way.
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MegaUpload Shut Down by the Feds, Founder Arrested * TorrentFreak

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 a total of 18 domains connected to the Mega company were seized and datacenters in three countries raided.
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