BitTorrent raises $20 million

The peer-to-peer company will use the funding primarily for technology development as it launches distribution services for other Web sites.

The story "BitTorrent raises $20 million" published December 4, 2006 at 4:41 AM is no longer available on CNET News.

[Dachi]

Another example

"...he said, adding the company's patented proprietary upgrades would not be made available to open source users..."

I guess FOSS is only a religion till someone sticks 8 million dollars in your face, then it is closed, proprietary, and patented.

I'd bet my lunch that most of the vocal users in the FOSS community would make the same choice.

[QMT]

Uh, yeah!

Why assume the 'propitary upgrades' are somthing the average open-source user would actually want?

As a somewhat cynical guess, I'd assume these "upgrades" are mearly something along the lines of applying a DRM wrapper on the fly, or some sort of stealthed manditory seeding the 'user' can't control or disable.

[rickontime]

BitTorrent

Very good, sophisticated treatment of this item. There is a very good reason that so many content companies have bought into the BitTorrent story. Can you say disintermediation? Absolutely a central concept in this space going forward, with or without hindrance from big cry babies like Wal-Mart.