Dotcom's new venture to create jobs

Kim Dotcom is hoping his new business venture will create hundreds of new jobs.

The internet entrepreneur has launched a new drop box-styled data storage server which also encrypts data.

It follows a bitter legal battle which has seen Dotcom and three others charged with copyright violations.

He says when police shut the old business down they had 22 employees worldwide.

Dotcom says they'll hire every single one back, and more.

"We are a New Zealand company.

"New Zealand has been very good for us, so we will be hiring New Zealanders here, we want to have customer support out of New Zealand, we'll hire developers in New Zealand, web designers."

Mr Dotcom told a press conference last night he isn't concerned at all over the legality of the new venture.

He says it's been scrutinised by lawyers like no other start up in history - and that every pixel has been thoroughly checked.

Kim Dotcom says the New Zealand and US government spying on him inspired him to develop this privacy focus storage system.

Media commentators believe Kim Dotcom has become loved by the New Zealand public as a result of what they call his genius publicity stunts.

The internet tycoon has quickly grown into a popular household name following a police raid on his property a year ago.

Media expert Brian Edwards says Dotcom is a tremendous self publicist - he holds all sorts of amazing meetings and invites thousands.

"I think if you look at the example of the John Banks affair, where suddenly you have Dotcom making this marvellous video song about this man who is suffering from amnesia, that's just an absolute gem of publicity."

Brian Edwards says he's just a natural for people and the media to want to be interested in because he's never a let down.

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