As you most know, I am a bit of a tech junkie. Back in January 19, 2012, the popular file sharing/video streaming website was shut down by the US Federal Authorities based on the copyright infringement. Many students treated this day as a day of sorrow as not being able to stream movie or TV shows. Others who paid for the premium services have lost money now.
US hosting firm Carpathia (for Megaupload) said maintenance on the 25 petabytes of data was costing it $9,000 (£5,700) a day.
(1 petabyte is 1 million gigabytes)
Currently, there are talks about how to access the current data. Some business owners used the website services legitimately while others have not.
Injunctions for access and restoration of the data shall surely pour in now.