Authorities in Germany recently executed a raid that resulted in at least two arrests and the takedown of another popular file-sharing service. German-language news site Heise Online reported earlier this week that German police arrested two men with alleged ties to file-sharing service Skyload.net, which was subsequently taken offline. The service’s owner, identified as 28-year-old Maik P., was taken into custody along with 25-year-old Marcel E., owner of Skyload.net’s Web hosting service. Both m...

The recent federal takedown of notorious file-sharing service Megaupload was initially seen as a huge victory for owners of copyrighted music and movies, but new research shows this may not be the case. Federal prosecutors successfully shuttered the service last month and arrested seven men associated with Megaupload including site founder Kim Dotcom, who is said to have earned $42 million from the site in 2010 alone. What was initially thought to be a victory for movie studios and record labels is turning ou...