Megaupload founder Kim Dotcom refused bail

Kim Dotcom has been remanded in custody until February 22, the judge denying the Megaupload founder’s application for bail. It is expected that an extradition hearing will be held at that time. Judge David McNaughton had reserved his decision since Monday afternoon, when Dotcom’s bail hearing was held. At the…

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Newsmaker: Megaupload a story of Dotcom boom and bust

(Reuters) – Among the roll-call of hip-hop artists and other celebrities plugging Megaupload.com’s digital storage services in an online promotional video, a cameo from the website’s founder would have gone unnoticed by many. As the voiceover boasts of the site’s billion users and four percent share of all Internet traffic,…

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