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File-hosting service Rapidshare to shut down

Rapidshare is based in Switzerland was started in 2002. It became popular for easy sharing and downloads of copyrighted material.

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Rapidshare, a popular file-hosting service, announced that it would be stopping its  operations from March 31, 2015. The announcement was made on its website- 

"Kindly note that RapidShare will stop the active service on March 31st, 2015. Extensions of STANDARD PLUS and PREMIUM will be possible until February 28th, 2015. We strongly recommend all customers to secure their data. After March 31st, 2015 all accounts will no longer be accessible and will be deleted automatically."

Rapidshare is based in Switzerland was started in 2002. It became popular for easy sharing and downloads of copyrighted material. The website was one of the most used sites in the world in 2010. After several complains of illegal sharing, Rapidshare  tried to changes its image by offering cloud storage services. However, in 2013 the company laid of a majority of its staff and later withdrew its free cloud service.

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