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Federal prosecutors in Virginia have shut down one of the world's largest file-sharing sites, Megaupload.com, and charged its founder and others with violating piracy laws. An indictment accuses Megaupload.com of costing copyright holders more than $500 million in lost revenue from pirated content. (Associated Press)

Federal prosecutors in Virginia have shut down one of the world's largest file-sharing sites, Megaupload.com, and charged its founder and others with violating piracy laws. An indictment accuses Megaupload.com of costing copyright holders more than $500 million in lost revenue from pirated content. (Associated Press)

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