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September 24, 2012

Megaupload is prepping for a comeback

megauploadJanuary this year saw the U.S. Government destroy Megaupload, but founder Kim Dotcom is a not done with the file-hosting business yet and is preparing to come back with a vengeance. The coding work for the new Megaupload is nearly finished, the servers have been ordered, and investors are lining up. A return of the file-hosting site appears to be looming.

Dotcom previously announced that he planned to bring Megaupload back to life, and new information suggests that this may happen rather quickly. In an update this weekend he tweets that most of the work on the second incarnation of the site is already done.

From the brief progress update it’s clear that the site is on schedule for launch later this year. In addition, it’s interesting to note that despite the ongoing criminal case, partners and investors are happy to be involved.

It will be at least a few more weeks before the new Megaupload appears online, but there are exciting times ahead.