You may have heard in the news recently of all the controversy around the Stop Online Piracy Act – a United States bill introduced by Lamar S. Smith. The purpose of the bill is to extend the ability of the U.S Government for fighting Online Piracy. Any website that has copyright material uploaded to it by any user (not even an employee) would have to take responsibility for it – this could mean a prison sentence of up to 5 years. The majority of tech companies have an issue with the bill because it is quite vague and gives the Government a lot of leverage.
If SOPA passes in its current state it would mean new web based companies that focus on user content and social media would have an incredibly hard time getting off the ground. This is mostly due to them starting with a small work force and … [Read More]