The file sharing website MegaUpload has been shut down by United States authorities, and several executives in New Zealand have been taken into custody. Among them is Kim Dotcom, founder of MegaUpload. MegaUpload is accused of causing copyright holders to lose more than $500 million in revenue. The site had over 150 million registered users at the time it was taken down, and featured support from numerous celebrities in the entertainment industry. The site is used to host and transfer files that are too large to send through e-mail, which is a perfectly legitimate business. However, groups such as the MPAA and RIAA feel that the site helped to facilitate large copyright breaches, a claim that MegaUpload feels was "grotesquely overblown." The site was free to use, with subscriptions available to access faster download speeds.
All of this comes the day after the Internet blackout in protest of SOPA and PIPA. These actions weren't well received by Anonymous, and the group wasted no time before starting to take down several websites. Starting with the Justice Department and moving on to the RIAA and MPAA, the websites were taken offline. The hashtag #OpPayBack can be used on Twitter to follow the action. As of the writing of this post, both the RIAA and MPAA websites were still down.