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MegaUpload closed down in last week

In last week FBI shut down one of the largest online file sharing website megaupload and arrested megaupload creator Kim Dotcom along with four other executive. Action took place when Kim Dotcom was celebrating his 38th birthday along with his friends at his luxurious mansion at Auckland, NewZealand.

Megaupload was generating revenues of $175 million per year and according to reports Kim Dotcom earning last year was around $42 million. Now there is biggest question mark about all cloud sharing websites, are that storage media really safe? There are many file sharing websites which are being widely amongst user for upload their files with big capacity to reduce load on their PC’s. So from now onward they would have to think twice before uploading their material on file sharing websites.

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