Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Ferguson and race relations in the US

Read more

DEBATE

Hollande and Africa: French President Speaks to France 24

Read more

FOCUS

Thiaroye: a dark chapter in France and Senegal's common history

Read more

THE BUSINESS INTERVIEW

The 'Stagnation Trap', with Catherine Mann, Chief Economist at OECD

Read more

ENCORE!

'An American in Paris', a truly transatlantic collaboration

Read more

BUSINESS DAILY

Oil prices 'could fall further' without OPEC output cut

Read more

IN THE PAPERS

How not to argue over Thanksgiving dinner

Read more

IN THE PAPERS

Just how green is François Hollande?

Read more

WEB NEWS

USA: African Americans call for boycott of 'Black Friday'

Read more

Business

Kim Dotcom launches new version of Megaupload

Text by News Wires

Latest update : 2013-01-21

Megaupload founder Kim Dotcom launched a new file-sharing website on Sunday, an online service where users can upload and store files of all kinds. Within the first hours after the site went live, Dotcom said it had been met with “massive” response.

New Zealand-based Internet tycoon Kim Dotcom claimed a "massive" response to his new file-sharing service launched Sunday, suggesting it could be the fastest growing start-up in history.

The mega.co.nz website, which replaces the outlawed Megaupload, went live at dawn, exactly a year after armed police stormed Dotcom's Auckland mansion and arrested him in the world's biggest online piracy case.

Dotcom, who wants his new venture to repeat the success of Megaupload, which boasted 50 million visitors daily, said there had been "massive" initial demand.

He initially tweeted there were "100,000 registered users in less than 1 hour. Fastest growing start-up in Internet history?" and reported an hour later the site was overloaded.

"Massive demand. Incredible," he tweeted before adding there were "250,000 user registrations. Server capacity on maximum load. Should get better when initial frenzy is over. Wow!!!"

Users complained about they had difficulty registering because of the overwhelming response.

"I can't even sign up, it's jammed," one potential client tweeted. "I can't get to the site," added another.

Mega promises to use state-of-the-art encryption to ensure only users, not the site administrators, know what they are uploading.

That would theoretically stop authorities from accusing administrators of knowingly aiding online piracy, the central allegation facing Dotcom in the Megaupload case.

The 38-year-old Dotcom, a German national who changed his name from Kim Schmitz, is on bail in New Zealand as US authorities seek his extradition on a range of charges including money laundering, racketeering and copyright theft.

They allege Megaupload sites netted more than $175 million in criminal proceeds and cost copyright owners more than $500 million by offering pirated copies of movies, TV shows, music and other content.

Dotcom denies any wrongdoing and the charges, which carry jail terms of up to 20 years.

His extradition hearing is due to be heard in August.

(AFP)

Date created : 2013-01-20

  • INTERNET

    Megaupload founder denied bail

    Read more

  • INTERNET

    Two more arrested in Megaupload file-sharing scandal

    Read more

  • INTERNET

    US authorities shut down file-sharing site Megaupload

    Read more

COMMENT(S)