Wanted Net tycoon Kim Dotcom launches new file-sharing site

Wanted Megaupload founder Kim Dotcom has launched a new file-sharing website, promising users beefed-up privacy levels in a defiant move against US prosecutors who accuse him of facilitating massive online piracy.
The colourful entrepreneur unveiled the Mega site ahead of a lavish gala and press conference planned at his New Zealand mansion today, the anniversary of his arrest on racketeering charges related to his now-shut Megaupload file-sharing site.