Sharing Daily Discoveries About Personal Finance And Business Topics

File Sharing Sites Getting Hit

Guess I was a little late in hearing this news as I was reading how a very popular file sharing site called Megaupload was closed down by the FBI. The funny thing was that at first I thought this was simply something to do with the SOPA protests lately. In a nutshell it seems like the site was closed down with accusations that the site is a haven of sort for people to freely upload illegal material. There must have been thousands of people that bought lifetime memberships to that site too and now they are out of luck.

The interesting thing in all this is how other sites like Filesonic were so quick to adjust the way they do business as a result of this. For example, on that site apparently now you are only able to download files that you have uploaded yourself as there is a big message on the site saying “All sharing functionality on FileSonic is now disabled. Our service can only be used to upload and retrieve files that you have uploaded personally.”

I was just thinking again at how many people have paid for one of those lifetime membership plans only to now not be able to use it as intended. For some reason a lot of people seem to be taking a lot of fascination into the company owner and how he spends the fortune he made such as with these posts:

I don’t think I remember another incident like this where rival competitors are so quick to adapt to events like these. Even when they had all those disputes about music sharing online for example many people waited to see what happened to the companies that got targeted first. Lucky I don’t rely on services like these myself. I can imagine the headache right now if say companies used this to transfer large video files and revolved their company operations around it.

Leave a Reply

Your email address will not be published. Required fields are marked *