MegaUpload founder Kim Dotcom launched new file-sharing site: Mega

Kim Dotcom, the founder of the file-sharing site MegaUpload closed down with great fanfare in 2012, opened a new similar website called Mega, and says that everything is legal, therefore authorities have nothing to reproach. “Mega will be huge and nothing can stop it,” said the New Zealander at the launch of his new site.

Kim Dotcom released new website "Mega" with the catchword "The Privacy Company"
Kim Dotcom released new website “Mega” with the catchword “The Privacy Company”
Dotcom organized a lavish launching event with helicopters, huge stage and dancers, and claims that Mega will become an unprecedented phenomenon. He said that the new file-sharing website was visited by half a million users within the first 14 hours since its launch and added that he did not open the web domain to provoke the U.S. authorities, but because MegaUpload closure prompted him to launch a new one.

“Sometimes good things result from terrible events. For example, if it was not that comet that hit the Earth, yet we were surrounded by ravenous and angry dinosaurs. If it wasn’t that iceberg, we would not have seen Titanic movie that makes me cry every time I see it. And if it wasn’t that raid, we wouldn’t have created Mega,” said Dotcom, referring to the police action which led to his arrest.

“Legally, nothing can be used to stop us. The site has the same right to exist as various competitors like Dropbox and Boxnet” said the founder of “Mega.co.nz“, a website that allows users to store and share up to 50 GB of files. But the difference is that the user is key to files decryption and not the company. Folks from Mega, which features the slogan “The Privacy Company”, say they can not see the content of files that are stored by users and thus can not be held responsible for something they can not see.

Kim Dotcom was released on bail in New Zealand, but authorities in the U.S. and Germany still require his extradition because MegaUpload brought damages of hundreds of millions of dollars to the music, film and games industry.

Briefly about Kim Dotcom
Kim “Dotcom” was born on January 21, 1974 in the German city of Kiel under the name Kim Schmitz, and in 2005 changed its name to “Dotcom” ie (. Com). In the 90’s he became one of the first great entrepreneurs of the Internet, but had problems with justice, being convicted in an embezzlement scheme.
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Kim is two-meter tall, weighs about 130 kg, is married and has five children. In 2005, when living in Hong Kong, decided to change his name and founded the file-sharing website Mega Upload which subsequently became a global phenomenon and gave headaches to music and film industry.

Following a request from U.S. authorities, Dotcom was arrested in January 2012 and MegaUpload was in the end closed. In February 2012 Kim was released on bail.

About MegaUpload and founder’s previous activities
MegaUpload, a free online file hosting platform, was launched in 2005 by German businessman Kim Dotcom, born Kim Schmitz. Dotcom began his career of online entrepreneur in the 90s, when he took advantage of the exponential growth during the “.com” trend and tried to get rich, but not always legally.

In 1998, he was sentenced to a 2-year imprisonment term with suspension for concealment of stolen goods and using fake credit cards. After the crash of online market in 2001, Dotcom was accused of illegal speculation in a scheme involving shares of various online companies and embezzlement. In 2002, he was arrested in Bangkok and sentenced in Germany to one year and eight months in prison (with suspension) for illegal share/ássets transactions and another two years on probation for embezzlement. Dotcom has pleaded guilty in both cases.

In 2005, Megaupload was founded in Hong Kong on a very simple principle: any file can be temporarily stored on company servers and the hosting duration was dependent on file’s popularity. Rarely downloaded files were deleted quickly, while popular files drwing users interest were stored for a long term. The website made money from advertising, but also from subscriptions paid by users who wanted more advanced hosting services.

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