File Sharing Website

US shutters Megaupload.com, hackers retaliate Washington: The US government shut down the Megaupload.com content sharing website, charging its founders and several employees with massive copyright infringement, the latest skirmish in a high-profile battle against piracy of movies and music.

The Department of Justice announced the indictment and arrests of four company executives on Thursday as debate in Washington reaches a fever pitch over online piracy. Lawmakers are trying to craft legislation that balances cracking down on violators while avoiding censorship of the Internet.

The movie and music industries want Congress to crack down on Internet piracy and content theft. Major Internet companies like Google and Facebook have complained that current drafts of the legislation would lead to censorship.

A Justice Department official said the timing of the arrests was not related to the battle in Congress....more    
07:09 AM, Jan 20, 2012