Megaupload founder launches new website with flair

Kim Dotcom, the New Zealand entrepreneur whose Megaupload file-sharing website was shut down last year by U.S. authorities, Sunday launched a similar site called Mega, putting on an elaborate news conference at his mansion near Auckland. "This should not be seen as the mocking of any government or Hollywood," Dotcom said. "This is us being innovators and executing our right to run a business." Dotcom and three co-defendants are fighting extradition to the U.S. to face criminal charges related to the operation of Megaupload.

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