Feds Shut Down File-Sharing Website Megaupload.com, Seven People Charged

Federal prosecutors in Virginia have shut down one of the world’s largest Internet file-sharing sites, Megaupload.com, charging its founder and others with violating piracy laws, the Associated Press reports today (also see WSJ). "The indictment was unsealed Thursday, one day after websites shut down in protest of two congressional proposals [SOPA & PIPA] intended to thwart the online piracy of copyrighted movies and TV programs."