BitTorrent introduced a public beta test of its Live Android app (also known as BLive), described as a live streaming app that offers social networking and instant messaging as well as virtual gifting via BTT and TRX, two cryptocurrencies operated by BitTorrent and sister company TRON. BitTorrent will take a cut of 70 percent from these gifts. The company explained that it is initially releasing BitTorrent Live with server-based architecture, but plans to replace it in the future with P2P-based live streaming. Continue reading BitTorrent Rolls Out Beta Test of Live Mobile Streaming App

BitTorrent, purchased by blockchain startup TRON last year, plans to re-introduce BitTorrent Live, an OTT service first debuted in 2011 and shuttered in 2017. The new BitTorrent Live will be an Android/iOS social media app, whereas the original version provided access to free and paid TV channels. The company, which has put out a call for beta testers, has positioned the new app as similar to Snapchat and ByteDance’s TikTok in that it will encourage users to create and share content with like-minded people. Continue reading TRON Plans to Revive BitTorrent Live as Social Media App

Justin Sun, founder of Tron and its TRX cryptocurrency, just purchased BitTorrent, a pioneering file-sharing company. TorrentFreak first reported rumors of the acquisition last month, saying that Sun was pursuing the company. After starting talks with BitTorrent in September last year, Sun signed a letter of intent to purchase the company in January. Meanwhile, BitTorrent began speaking with other suitors, leading Sun to file a temporary restraining order, asserting that BitTorrent agreed not to pursue other offers. Continue reading Tron Founder Sun Purchases File-Sharing Pioneer BitTorrent