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You can’t make this stuff up: The indictment of the popular file hosting site MegaUpload reveals a hugely profitable business run by people whose Mercedes novelty license plates included “GUILTY” and “MAFIA.” Also included are numerous juicy internal emails between MegaUpload employees and executives. Read more »

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The FBI has shut down MegaUploadcom with help of law enforcement agencies around the world. The bureau also indicted seven people involved with MegaUpload, including the company’s founder Kim Schmitz. Four of the seven have been arrested, but it’s unclear whether Schmitz is also in custody. Read more »

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