Details are still somewhat light at the moment, but reports are now coming out that the popular Megaupload file-sharing site has been shut down by Federal prosecutors in the US, and that the site's founders and other individuals have been charged with violating piracy laws. According to The New York Times, the indictment says that the company has cost copyright holders some $500 million in lost revenue, and that the site was at one time the 13th most popular on the internet. As the Times also notes, this news comes a day after Megaupload voluntarily blacked out its website to protest the SOPA and PIPA anti-piracy legislation now being considered by Congress.

Update: As The Verge reports, the indictment itself doesn't mince any words, calling Megaupload an "international organized criminal enterprise allegedly responsible for massive worldwide online piracy," and alleging that Megaupload founder Kim Dotcom et al generated more than $175 million in "criminal proceeds." Those charges also come with some potentially hefty prison sentences, including a maximum 20 years for conspiracy to commit racketeering, five years for copyright infringement, 20 years for money laundering, and five years for each of the substantive charges of criminal copyright infringement.

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Research in Motion's Jim Balsillie's currently in Dubai, gassing about how amazing the latest update to BlackBerry 7 OS will be -- probably between trips to the beach. When it arrives, those crackberries equipped with NFC (Bold 9900 / 9930 and Curve 9350 / 9360 / 9370) will get BlackBerry Tag. You'll be able to tap two phones together to share contact details, multimedia content or add new friends to your BBM. RIM is planning to open up the relevant APIs so developers can use the facility in any number of interesting ways, like bringing touch-to-share to the system. Considering the speed constraints of NFC, it's difficult to believe that big files like images could be carried by the technology -- it's more likely that NFC will pair the devices and then send your files down a larger pipe, like Bluetooth. There's an enigmatic press release after the break, and hopefully the company will explain how this works in a little more detail before the update arrives.

That record-breaking Hurt Locker lawsuit may not be so impressive after all, now that Voltage Pictures has slashed a major chunk of defendants from its file-sharing complaint. Last week, the company voluntarily dismissed about 90 percent of the 24,583 defendants originally named in the suit, according to documents filed with the US District Court for the District of Columbia. The dismissals were made without prejudice, meaning they could theoretically be re-targeted in the future, though the number of those that reached settlements with Voltage remains unclear. The company also identified some of the alleged file-sharers by name, but acknowledged that 2,278 IP addresses remain anonymous. For more details, check out the coverage from TorrentFreak, where you'll find the full list of dismissed IP addresses, along with the recently-named defendants.