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MegaUpload Launched Lawsuit against Hong Kong
MegaUpload sues the Hong Kong government in a bid to unfreeze its assets, which are inaccessible after the country effectively shut down the website. MegaUpload notes that the request of the United States to lock up its funds was illegal. The company still hopes to use its assets to enable users of the service to retrieve their personal files.
Twitter Surrendered to Turkey
Finally, the microblogging platform has given up trying to fight the Turkish censorship and agreed to ban people from talking about government corruption. Before the elections, the Turkish government tried to stop its people from using Twitter as they discussed a government corruption scandal there. The authorities simply switched off Twitter in the country.
Huawei Called Snowden Revelations Controversial
Huawei CEO claimed that 2013 Snowden revelations about the extent of the government surveillance have been both good and bad for businesses all over the world. Although the news didn’t have a big impact on Huawei’s growth, it did influence the relationships with the potential partners.
Spotify to Take Down Its Peer-to-Peer Network
For over 5 years now, the well-known music streaming service has relied on peer-to-peer technology to deliver music to its millions of subscribers, but this practice will cease soon.
Tor May Cut back Capacity
Perhaps, the well-known secure networking service will close down 1/8 of its capacity because of the Heartbleed bug. Tor, which allows everyone to access the Internet untraceably, works on a network of donated servers that bounce encrypted data between themselves prior to returning back on to the open web.
File-Sharer Sentenced to 5 Years in South Africa
An individual was sentenced in South Africa’s first Internet piracy case for uploading a movie to TPB. The 29-year-old man was handed an unprecedented 5-year suspended sentence. Back in December 2013
Apple to Be Punished Again for Ebook Cartel
The company is now facing the price for refusing to admit that it did something wrong: namely, ran an illegal pricing cartel in order to jack up the price of electronic books. Although all of Apple’s co-conspirators have already confessed and paid a reduced fine, the company for some reason cannot give up and admit that what it did was illegal. The problem is that Steve Jobs believed that it was right and his company cannot face the reality where he might have been wrong, even though he’s already dead.
Court Ruled MegaUpload Founder Can Have His Property Back
The High Court in New Zealand has finally delivered its decision, saying that police may not keep possession of assets seized more than two years ago on Kim Dotcom’s mansion. In other words, a potential appeal aside, MegaUpload founder may soon be reunited with his millions of dollars in cash, luxury cars, artwork, and other assets the police seized after the raid.
Japanese Court Rejected MtGox Bankruptcy Protection
Once the largest Bitcoin exchange across the globe, MtGox is now likely to be liquidated, because a Japanese court recently denied it bankruptcy protection.

Assets of MtGox are expected to be sold off in order to pay part of its creditors, including those who had accounts on the site. Of course, it is clear that any creditor will recoup much less than their initial stake, even despite the fact that it is unknown yet how much the infrastructure of the company, including the intellectual property like the MtGox brand, is worth.
Facebook Planning to Launch e-Money Transfer Service
It seems that the social network is ready to launch a money transfer service in Europe which would allow Facebook to compete with the likes of Western Union, while providing users the option to store money with Facebook or buy items online.
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