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We’re getting multiple reports that MegaUpload may be trying to get back online, even including one directly from Anonymous tweets that site is trying to get back under another domain name www.megavideo.bz. Online sharing site MegaUpload was shut down by the FBIs on the DOJs decision earlier today, which results in a reaction from the Hacker Group Anonymous to...

Online sharing site MegaUpload was shut down by the FBIs on the DOJs decision earlier today, which results in a reaction from the Hacker Group Anonymous to shut down various government agencies and big companies website. It was found that the website founder Kim Schmitz had own himself over luxuries cars which total comes with a $6 million price tag. The list, according...

Twitter, the world’s biggest micro-blogging website, made another move with the acquisition of Summify, a service that culls through your social media profile to deliver a daily digest of the most relevant stories to your inbox or an iPhone app. “Our long-term vision at Summify has always been to connect people with the most relevant news for them, in the most...

With the takedown of a major content hosting website Megaupload, Hacker group “Anonymous” targeting big companies and government agencies websites. The group Anonymous on their Twitter account declared, “The government takes down #Megaupload? And in response to that 15 minutes later #Anonymous takes down government & record label sites. #ExpectUs.” The...

U.S. accuses a major internet content hosting website, Megaupload.com of copyright infringement. Seven individuals and two corporations – Megaupload Limited and Vestor Limited have been charged for the offence with running of an international organized criminal enterprise allegedly responsible for massive worldwide online piracy of number of copyrighted works, generating...

Yesterday, we saw 25 US Senators publicly stands out against the Protect IP Act (PIPA), now just 63 supports anti-piracy bills, and opposition has surged to 122, as per ProPublica. ProPublica is an independent non-profit news room define supports and opponents’ according to “whether a member is a sponsor of the proposed bills, and each member’s voting record...

A total of 25 US Senators have publicly stated their opposition against the Protect IP Act (PIPA), according to OpenCongress. The bill previously gained support of over 40 senators, who co-sponsored the bill. But as of today, that number has dropped with 25, and another 13 too are leaning towards opposition. The news comes a day after when the whole internet is on...

With the news confirmed, Yahoo has lost one of its top advertising sales executive Seth Dallaire to Amazon. Dallaire, earlier left Microsoft for Yahoo, and has worked with the company all since 2009 as an advertising sales executive. At Amazon, he will take a newly created role of VP of North America sales. His departure is a blow to Yahoo, especially at the time...

Sony Ericsson this morning reports that its pre-tax loss of 247 million euros ($318 million) in the 2011 Q4, after reporting a profit of 31 million euros in 2011 Q3. The company is a 50-50 percent joint-venture between Sony and Ericsson. The company blames the loss is due to the unfavourable macroeconomic conditions and effects from the flooding in Thailand. The...

Eastman Kodak Company (“Kodak”) announced today that it and its U.S. subsidiaries filed voluntary petitions for chapter 11 business reorganization in the U.S. Bankruptcy Court for the Southern District of New York. The Company has made pioneering investments in digital and materials deposition technologies in recent years, generating approximately 75% of its revenue from digital businesses in 2011. Kodak has obtained a fully-committed, $950 million debtor-in-possession credit facility with an 18-month maturity from Citigroup to enhance...