Earlier quoted context omitted.
OVH gives me an Atom-based thing with a 500GB disk for £2.98pm.
I'm looking on the OVH website, but I don't see it?
It's from Kimsufi, OVH's unmanaged, budget offering: https://www.kimsufi.com/en/
Kim Dotcom Answers Questions
21–30 of 42 posts
Re: Kim Dotcom Answers Questions
#22http://www.zdnet.com/article/mega-denies-claims-by-kim-dotco...
I'd deny also everything, true or not, it's bad press.
Re: Kim Dotcom Answers Questions
#23Re: Kim Dotcom Answers Questions
#24Can anyone recommend an alternative?
Assume "the cloud" is always untrustworthy, and act accordingly.
Sync encrypted filesystems to the cloud. EncFS has some known issues, but for a lot of my stuff, where it's "write once read many times" it still seems to be OK from an encryption point of view - though it inevitably leaks file size information. On the other hand, it does play very nicely with Dropbox/GoogleDrive/BTSync - although for the sufficiently paranoid you need to consider the risk of the Dropbox/GoogleDive/BTSync binary running on your device having access to the unencrypted local partition... Using rsync or some open source sync tool might mitigate that somewhat (but I suspect if you've got data which you suspect an attacker might subvert Google or Dropbox to get access to, you _really_ shouldn't be trying to work out how to protect that data on someone else's storage - buy your own hard drives and deal with multiple copies and geographically separate duplicates yourself)
(because remember, there is no "cloud" there is only "other people's computers")
Re: Kim Dotcom Answers Questions
#25I'm not involved in Mega anymore. Neither in a managing nor in a shareholder capacity. The company has suffered from a hostile takeover by a Chinese investor who is wanted in China for fraud. He used a number of straw-men and businesses to accumulate more and more Mega shares. Recently his shares have been seized by the NZ government. Which means the NZ government is in control. In addition Hollywood has seized all t…
If Dotcom wanted an open-source community-supported file sharing platform that couldn't be taken over by external forces, why did he create the perfect antithesis to that? Why did he in fact sign an agreement barring him from competing in that sector? I can't understand how somebody who wants such a perfect world consistently painted himself into a corner from which he couldn't.
Maybe he just wants to piss off Hollywood and the people who took over Mega?
Re: Kim Dotcom Answers Questions
#26Can anyone recommend an alternative?
tarsnap
Re: Kim Dotcom Answers Questions
#27I'm exhausted. Downloading all my data from all "soon-to-be untrusted" services to my external hdd. That's madness.
Never trust a single location, be it a service, device or person, unless you don't care about your data. There are tools which can help you keep multiple copies on multiple services and/or devices.
Re: Kim Dotcom Answers Questions
#28http://www.zdnet.com/article/mega-denies-claims-by-kim-dotco...
Even if the title is "Mega denies" they either confirm what Dotcom claims or simply don't comment.
Dotcom: "In addition Hollywood has seized all the Megashares in the family trust that was setup for my children."
Mega: "Mega said that it has 13 percent of its shareholdings subject to two freezing orders. A 6 percent holding controlled by Dotcom's estranged wife was frozen in November 2014 by the New Zealand High Court on application by five Hollywood film studios."
How can this be called a "denial" I don't understand.
Re: Kim Dotcom Answers Questions
#29> The company has suffered from a hostile takeover by a Chinese investor who is wanted in China for fraud. He used a number of straw-men and businesses to accumulate more and more Mega shares. Recently his shares have been seized by the NZ government. Which means the NZ government is in control. In addition Hollywood has seized all the Megashares in the family trust that was setup for my children. Huh! I had no idea…
It doesn't have to be publicly shared for a hostile take-over to happen. All that has to happen is that your 'investor' shares constitute a majority and that those shares end up in the hands of someone that kicks out the C-suite and replaces them with others.
One way in which this could happen is if the entities holding those shares are bought (so an indirect hostile takeover).
As an example: one of my companies holds shares in another. If I sell the parent company the other shares - and their voting rights - will transfer as well to the new owner. This is because there is no 'change of control' trigger clause in the shareholder agreement of the daughter company, if there were then such a change of control could force the company in the middle to offer its shares to the sitting shareholders of the daughter company.
But even that can still go wrong: the sitting shareholders would have to be able to meet-or-exceed the value placed on the shares and if they can't the shares end up in the hands of others.
Re: Kim Dotcom Answers Questions
#30I'm not involved in Mega anymore. Neither in a managing nor in a shareholder capacity. The company has suffered from a hostile takeover by a Chinese investor who is wanted in China for fraud. He used a number of straw-men and businesses to accumulate more and more Mega shares. Recently his shares have been seized by the NZ government. Which means the NZ government is in control. In addition Hollywood has seized all t…
That Kim guy is really always good for a story. I'm impressed. But has anybody seen his documentary? I don't think he's really happy. On the top of his career he had "bunnies" and yacht parties, and a VIP seat in a Formula 1 race. But he never seemed happy, and most of his friends just seemed to be these people who just want to get a share from the money. I don't know, but seeing that I never wanted to exchange my life with his.