File hosting service RapidShare shutting down this March

RapidShare

Swiss file hosting service RapidShare is downing its shutters on March 31 after about 12 years of operation.

It appears that the company’s attempt to stay relevant as a cloud storage service in recent years was unsuccessful. Many players including Dropbox, Google and Microsoft offered online storage for personal use at significantly lower prices.

Another conference. “Great.”

This one’s different, trust us. Our new event for New York is focused on quality, not quantity.

For comparison, RapidShare charges roughly $680 per year for 300GB of space; Dropbox charges just $99 a year for 1TB.

➀ RapidShare [via TechCrunch]

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