SUMMARY
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Kim Dotcom, the indicted Megaupload founder, launched a new file-sharing website in defiance of US prosecutors who accuse him of facilitating massive online piracy. On Sunday night at his New Zealand mansion, the German-born Dotcom unveiled the “Mega” site, which he described as unstoppable and huge. He said that half a million users registered for Mega in its first 14 hours, suggesting it could be the fastest growing start-up in history. Replacing Megaupload, the mega.co.nz website went live exactly a year after police stormed his mansion and arrested him in the world’s biggest online piracy case. Prosecutors say Dotcom made tens of millions of dollars compared to the $500 million in copyright revenue that filmmakers and songwriters lost. Originally named Kim Schmitz, the Mega founder changed his name to Dotcom. US prosecutors want him extradited.
Read the full story on The Huffington Post.
More details are on Rappler.
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