Daily Tech brings good news: SOPA is, for all intents and purposes, DOA.

The House Oversight Chairman, Rep. Darrell Issa (R-Calif.) has long been a stern critic of the Orwellian “Stop Online Piracy Act” (SOPA) (H.R. 3261). The representative announced some huge news on Monday. He reveals that Majority Leader Rep. Eric Cantor (R-Va.) promised to shelve any potential vote in the Republican-controlled House in terms of passing SOPA.

[...] The “death” of SOPA comes just hours after President Barack Obama made headlines when his close advisors came out against SOPA. Some heralded the opposition as a hint that the President might veto the bill to prevent catastrophic economic damage.”

Great news, although this little gem might get lost in the shuffle and needs to be quoted:

Big media paid approximately 10 percent of active U.S. Senators’ total combined election costs in the last election cycle. Many of these same big media companies who are looking to imprison file sharing Americans recently plead guilty to stealing tens of millions of dollars in work in Canada alone, from independent artists.”

Emphasis editor’s. Full text available at Daily Tech.

(As the article notes, we’re not done—PIPA is still alive and kicking. Let’s make sure it doesn’t stay that way for long. —Ed.)