The New MegaUpload Is “90% Done…”

The question is whether the raid, the shutdown, the arrests, and all the screaming about injustice will ultimately make Megaupload stronger in the end.  And, a far bigger problem than anyone – including the music industry and Hollywood – ever imagined.

The teaser comes moments after New Zealand Prime Minister John Key admitted that authorities had illegally spied on MegaUpload and Kim Dotcom prior to the raid.  “I expect our intelligence agencies to operate always within the law,” Key stated, while pointing to an “error” by the Government Communications Security Bureau (GCSB).  “Their operations depend on public trust.”

Dotcom & Co. are apparently already talking with cloud-focused developers about API plug-ins and other collaborations.  That could include applications that go far beyond file-sharing.

“We are building a massive global network. All non-US hosters will be able to connect servers & bandwidth.”

Meanwhile, the US Department of Justice is pushing for Dotcom’s extradition, though the recent release of legal funds are undoubtedly complicating that attempt.

5 Responses

  1. Casey

    You know what, I hope MegaVideo does launch again and I hope they are successful. The old MegaVideo “might” and I do have to use the word “might” have been operating illegally. They were not US based and as far as we can tell they were compliant with the DMCA requirements. The way they were shut down and the way the whole mess has been going is illegal in many cases, without a doubt. The Justice Department did so many things wrong it is not even funny. It does not matter what MegaVideo did. When our government decides to make their own rules, that is worse than anything MegaVideo will ever do.

    • oh dear

      Breaking news for piracy morons: Carpathia hosting company is in the United States of fucking America.

      • Casey

        Irrelevant.

        I am not pro piracy. I am pro following the law. The feds have done nothing but break the law and act beyond their jurisidiction in taking down MegaVideo. It doesn’t matter what MegaVideo has done, they still had rights and their rights were violated.

  2. mafia boy

    Kim Dotcom, born Kim Schmitz on January 21, 1974, also known as Kimble and Kim Tim Jim Vestor, is a German-Finnish businessman who rose to prominence during the dot-com bubble and was convicted of insider trading and embezzlement in its aftermath.

    In 2001, Dotcom purchased €375,000 worth of shares of the nearly bankrupt company LetsBuyIt.com and subsequently announced his intention to invest €50 million in the company. Unknown to others, Dotcom did not have the funds available to invest, although the announcement caused the share value of LetsBuyIt.com to jump by nearly 300%. Dotcom sold his shares a few days later for €1,568,000.

    Dotcom had also arranged and obtained an unsecured loan of €275,000 from Monkey AG, a company for which Dotcom had served as Chairman of the Board. The funds were to be paid to Kimvestor AG. As a result, both Monkey and Kimvestor went bankrupt. Dotcom expressed remorse, stating that he had been “dazzled” and had not recognized that he would be unable to repay the loans.

    In January 2002, Dotcom was arrested in Bangkok, Thailand, deported to Germany, and subsequently sentenced to a probationary sentence of one year and eight months, and a €100,000 fine, the largest insider-trading case in Germany at the time. Dotcom also pleaded guilty to embezzlement in November 2003 and received a two-year probation sentence.

    https://en.wikipedia.org/wiki/Kim_Dotcom