RapidShare under the microscope amid MegaUpload fallout
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With MegaUpload facing irretrievable data loss later this week and rival services locking down their file sharing options, attention has turned to well-used but clandestine rival RapidShare AG and whether it will occupy the cloud storage vacuum or be next in line for the FBI’s attentions. Worlds apart from the showy Kim Dotcom, MegaUpload’s CEO, RapidShare founder Christian Schmid has focused his attentions on lobbying the US government, the WSJ reports, spending over $600,000 since 2010 to persuade them the site is a legitimate file repository and not a haven for copyright infringement. »read more
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