Megaupload Readies for Comeback, Code 90% Done

http://torrentfreak.com/megaupload-readies-for-comeback-code-90-done-120923/

by mtgx • 14 years ago

94 30 14 years ago

torrentfreak.com

nextstep• 14 years ago

Maybe they'll clean up the interface!

cypherpunks01• 14 years ago

Do you mean the U.S. Dept. of Justice interface?

bstar77• 14 years ago

Unfortunately for Kim, finishing that last 10% usually takes 90% of the time.

rustynails77• 14 years ago

I rarely experienced that with megaupload. I won't say it never happened though.

narag• 14 years ago

That's a programmers' saying about projects completion, not a comment on data transfers.

ktizo4• 14 years ago

They should call it TeraUpload. Not only would the headlines be great, but also the server instances could then be called tera-cells.

tylermenezes• 14 years ago

It's interesting to know investors are still interested. The risk for them has shifted from "will this be successful", which they have experience in predicting, to "will this get shut down again", which they presumably don't.

lwat• 14 years ago

He has enough money, he won't need investors.

jonnii• 14 years ago

Now they just have to write the other '90%'.

patmcguire• 14 years ago

Yeah, that was my first thought. Although they're essentially redoing the exact same code so they might have a fairly good idea of how long it would take.

tzs• 14 years ago

Who would be dumb enough to use it, given Kim Dotcom's criminal record? The man has been convicted of receiving stolen goods, insider trading, and embezzlement. If he's not convicted in the Magaupload case, it will be ENTIRELY due to procedural errors on the part of the prosecution.

The only times he appears to have not been engaged in criminal activity is when he was on parole waiting for a sentence to run out.

Why would you trust him with your data? Or if you are an investor, with your money?

andrewcooke• 14 years ago

this. those are exactly the questions i ask myself when sharing ripped music with a friend. good point.

thejosh• 14 years ago

The mega services aren't really used for legit hosting, they are used for "Linux ISO hosting".

makomk2• 14 years ago

They were actually used to host Linux software, and Linux drivers, and custom-built Android firmware images, and... Shortly after the Megaupload shutdown I was looking into USB DVB-T tuners and the official Linux drivers for one of the ones I was looking at were only available on Megaupload.

ktizo4• 14 years ago

If he's not convicted in the Magaupload case, it will be ENTIRELY due to procedural errors on the part of the prosecution.

That, and the fact that it isn't entirely clear how enabling copyright infringement is anything other than a civil matter.

DrStalker2• 14 years ago

And that pesky thing about not having jurisdiction over all the computers in the world.

tptacek3• 14 years ago

Pretty clear, actually: the law in the US, in the UK, and in New Zealand says there's criminal copyright infringement. The difference between civil infringement and criminal infringement tends to be "you tried to make a business out of it".

Hope that helps.

DrStalker2• 14 years ago

> Why would you trust him with your data?

Absolutely not. Unless I was a non-technical user looking for an easy way to share my pirated software/audio/video etc, in which case it's almost a plus that the guy in charge is going to try his hardest to avoid being shut-down again.

> Or if you are an investor, with your money? For me the answer is a firm "no" but other people will weigh risk/reward differently.

Axsuul• 14 years ago

This isn't and was never Megaupload's purpose. I'd imagine most of the people awaiting Megaupload's ressurection are those who make affiliate commissions from uploading high traffic files (38 part movies, books, applications, etc).

makomk2• 14 years ago

Doubt it. Megaupload's business model was based around refusing to pay out people who uploaded anything they obviously don't have the right to distribute. The e-mails released by the FBI were carefully selected and spun to make it appear as though Megaupload deliberately paid commissions to copyright infringers, but even they didn't manage to remove all the references to the actual policy.

s_henry_paulson• 14 years ago

This is an incredibly narrow point of view.

Who is a bigger criminal, Lloyd Blankfein or Kim Dotcom?

That's a rhetorical question of course, but considering the status quo and Kim's agenda actually siding with that of the general public, he seems to stand in good favor.

Then you have to take into account the new services being offered, which in addition to the old services seem to offer legitimate music marketing opportunities for bands around the world. Ways to promote your band without selling your soul. Ways to earn more from your album sales, and even ways to earn money when people listen to your music for free.

They're going after the music industry, and they're doing a very good job of it.

Investors are perfectly capable of determining risk vs. monetary reward in any venture.. and if not, then they won't be an investor very long.

tptacek3• 14 years ago

Who the hell cares? Ok, don't give your data to Lloyd Blankfein either. I am mystified by why HN invariably thinks this is a compelling argument.

"Oh yeah? Well you know who Schmitz isn't? HITLER."

kahawe• 14 years ago

> Or if you are an investor, with your money?

It's Kim Schmitz - just because he says investors are "lining up" doesn't mean a thing. This is just his typical spiel.

nsns• 14 years ago

Sometimes Torrentfreak takes a snippet of available information, then makes it into a full, long (and excruciating) article, nothing new is added after the opening paragraph here.

fts89• 14 years ago

Buy Megaupload here: http://www.amazon.com/gp/product/B007EGTDSS/ref=as_li_ss_tl?...

This IS a joke.

Megaupload Readies for Comeback, Code 90% Done

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