Sen. Reid postpones PIPA vote

Thomas Lane for Talking Points Memo, quoting from a statement from Sen. Harry Reid:

“In light of recent events, I have decided to postpone Tuesday’s vote on the PROTECT I.P. Act.

Reid says he’s “optimistic that we can reach a compromise in the coming weeks,” but has taken PIPA off the table for now until that compromise can be reached.

(Hat tip: Techmeme)