Related: NY Tech Entrepreneurs: Stop the SOPA and PIPA Anti-Piracy Bills”I have heard from the critics and I take seriously their concerns regarding proposed legislation to address the problem of online piracy,” Smith, who authored the SOPA bill, said in the statement. “It is clear that we need to revisit the approach on how best to address the problem of foreign thieves that steal and sell American inventions and products.”The moves follow several online protests this week from companies including Google, Wikipedia and Reddit, as well as in-person demonstrations around the country, including NY Tech Meetup’s rally Wednesday in Manhattan.SOPA and PIPA aimed to punish “rogue” websites that publish or sell pirated content. But online companies such as Facebook and AOL argued that the bills could negatively affect the flow of information online and stifle innovation among internet entrepreneurs.The postponements represent a major victory for the online tech community. But the issue of piracy is far from dead. Both groups have pledged to continue their efforts to find a solution that has wider approval.Related: Anti-Piracy Bill Could Do More Harm Than Good for Small Companies January 20, 2012 The tech community spoke. Lawmakers listened.In the wake of several dramatic online and in-person protests, the authors of two anti-piracy bills announced today that any further action has been postponed. First, Senate Majority Leader Harry Reid (D-NV) said he decided to postpone today’s vote on the Senate’s PROTECT IP Act (PIPA) “in light of recent events.” Shortly after, House Judiciary Committee Chairman Rep. Lamar Smith (D-TX) issued his own statement indicating that the committee is postponing consideration of the Stop Online Piracy Act (SOPA) legislation.The collective outcry from the tech community and others swayed members of Congress. Earlier this week, 80 members of Congress supported the PIPA and SOPA bills while 31 opposed them. As of Thursday, 122 members oppose the bills. Problem Solvers with Jason Feifer min read Listen Now Hear from business owners and CEOs who went through a crippling business problem and came out the other side bigger and stronger.