BitTorrent in trouble - one fifth laid offBitTorrent in trouble - one fifth laid off
This topic is about BitTorrent in trouble - one fifth laid off, the author, richmimi, wrote about: Peer-to-peer company BitTorrent Inc. is laying off over a fifth of their employees. The company was forced to drop 12 of their 55 employees after a di ... To read more just scroll down
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BitTorrent in trouble - one fifth laid off
 Aug 7 2008, 04:17 PM
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Group: Global Moderator Posts: 1,786   Received 130 Thanks Joined: 26-December 03 From: Wonderland Member No.: 358 
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Peer-to-peer company BitTorrent Inc. is laying off over a fifth of their employees. The company was forced to drop 12 of their 55 employees after a disastrous failure in marketing their online media store. According to Valleywag, the $15 million deal with giant electronics retailer Best Buy was cancelled, because of an FCC ruling on file sharing.
In addition to developing the widely spread and adopted BitTorrent-protocol, the company has collaborated with major movie and television studios such as 20th Century Fox, Comedy Central, Lionsgate Films, Paramount, Warner Brothers and Spike TV, as well as network device manufacturers D-Link and Buffalo. The aim of the collaborations was to distribute TV shows and movies legally via P2P networks. Source. |
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Aug 7 2008, 06:55 PM
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Group: sVIP Posts: 3,273  Received 26 Thanks Joined: 26-February 04 From: United Counties of Chav Member No.: 201
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This post has been edited by eazbak: Aug 7 2008, 06:55 PM |
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Aug 10 2008, 09:03 AM
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Group: Member Posts: 44 Received 1 Thanks Joined: 12-February 08 Member No.: 41,185
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so the damn bureaucrats cost jobs.....
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