SOPA is a bill in Congress designed to stop online piracy. However, its opponents consider it to be written far too broadly, and companies that support SOPA have been slapped with boycotts. The highest-profile casualty so far is Go Daddy. The registrar initially supported SOPA, but then got hit with a wave of websites (including Wikipedia) transferring their domains to other registrars. Go Daddy caved-in and now opposes SOPA.
Some critics think that the bill will overturn the “safe harbor” clause of the Digital Millennium Copyright Act of 1998. And that by itself could wreck the internet as we know it. Joel Spolsky of Stack Overflow discussed this in a recent podcast (starting at 27:55). As an example, he used a case where somebody posted a programming question on Stack Overflow. It turned out that the question was from a commercial product – a test that employers use to interview programmers, and was protected by copyright.
Under current law, Stack Overflow could not be held liable for that copyright violation, as long as they took the question down after being notified by the copyright owner. That’s the “safe harbor”. Under SOPA, they might be liable, and even have their website blocked – without due process.
Will websites that feature “user generated content” (including blogs that allow comments) be able to operate under SOPA? Maybe not. So, SOPA is also considered a threat to free speech, which explains the ferocity of the civil war that erupted last week.
Public companies that support SOPA might be of interest to short sellers since boycotts might result in negative earnings surprises. This site lists 360 companies that support SOPA. I’m thinking that companies frequented by techies might be hardest hit.
Read up on SOPA at Wikipedia.

