ReadWriteWeb

According to their blog and a recent BusinessWire release, controversial Swedish bit torrent tracker the Pirate Bay, is being acquired by Global Gaming Factory X AB for roughly $7.8 million in cash and shares (or $60 million SEK).

On the blog, the group hopes to alleviate concerns by saying:
"If the new owners screw around with the site, nobody will keep using it. That's the biggest insurance one can have that the site will be run in the way that we all want it to. And - you can now not only share files, but shares, with people. Everybody can indeed be the owner of The Pirate Bay now. That's awesome and will take the heat off us."

Last month, we posed the question "are trolls ruining social media?" - a topic that seems to have reared its ugly head once again over the weekend, this time with a specific focus on FriendFeed and the supposed angry mobs that form there. But let's get real for a minute. Although it's shocking that some FriendFeed users post terrible, hurtful things while using their real names, posting angry and mean comments is nothing new to the internet. Other social communities, including Digg and YouTube, also deal with this issue - heck, they're even known for it!

But instead of continually pointing out the problem, maybe it's time for the innovators in our community to start thinking up solutions. Here's one we just thought up...let us know what you think.