Kim Dotcom’s request for his extradition hearing to be live streamed on the Internet has been granted by a New Zealand High Court judge. Beginning tomorrow, proceedings will be broadcast live on YouTube, despite protests from the United States that the stream could prejudice Dotcom’s criminal trial in the U.S. should he be extradited.
Kim Dotcom has made a surprise announcement relating to his under-development Megaupload 2.0 project. The entrepreneur informs TorrentFreak that John McAfee’s MGT Capital Investments offered to invest $30m plus stock into the business but it soon became clear that the aim was to drive up the stock price at MGT. Now, it appears, McAfee and Dotcom are at war.
Kim Dotcom is teasing fresh information about his Megaupload 2.0 project set to launch in January 2017. Noting that every file transfer will be linked to a bitcoin transaction, Dotcom says the new platform will take decentralization, anonymity & encryption “to the next level”.
20th Century Fox has accused Kim Dotcom of breaching a freeze on his assets imposed following his arrest in 2012. According to claims made by the studio in the New Zealand High Court, Dotcom took a US$154,000 loan from his lawyers on behalf of a trust for his children.
An Italian court has ordered Kim Dotcom’s Megavideo to pay $13.4m in damages after making TV shows available without permission. The roots of the case date back to 2010 when TV company RTI sent Megavideo takedown notices, without specifying any URLs. The court found that the URLs weren’t needed.
Kim Dotcom has confirmed to TorrentFreak that he has a brand new cloud storage site under development. After an extended planning period, the entrepreneur says the platform will be his best creation yet. It could launch next January with a name that “will make people happy.”
Following the news earlier this week that Kim Dotcom intends to relaunch Megaupload, the entrepreneur has just delivered a new surprise. Rather than a cold start, Megaupload 2.0 will hit the ground running by deploying the original Megaupload user database.