Palo Alto-based startup PIP Labs announced an $80 million funding round for Story Protocol, a blockchain platform to track intellectual property rights in the era of artificial intelligence and the data scraping that enables model training. CEO and co-founder Seung Yoon “SY” Lee says the company aims to create a more sustainable IP environment for digital consumers and builders. The raise, led by Andreessen Horowitz (a16z) and Polychain Capital, values the startup at $2.25 billion. The move comes after Sahara AI announced it raised $43 million this month to fund a blockchain-based IP tracking system. Continue reading Story Raises $80M to Create Blockchain-Based IP Protection

Blockchain startup Aptos Labs will use the Microsoft Azure OpenAI Service to “explore innovative solutions” in blockchain and Web3 for technologies involving artificial intelligence, tokenization and payments. As part of the deal Aptos describes as a “partnership,” the company is launching Aptos Assistant, which will enable natural language prompts, making Web3 applications like smart contracts and decentralized apps more “user-friendly and secure” for “everyday Internet users and organizations” as well as developers. Aptos offers what is known as Layer 1 blockchain, technology designed to facilitate transactions at scale. Continue reading Aptos Teams with Microsoft Azure OpenAI on Web3 Solutions

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

OTOY, a Los Angeles-based visual effects software firm, launched RNDR to allow more people to create 3D computer generated images. The company, which created software used for productions such as “Westworld” and “The Avengers,” relied on cloud, blockchain and cryptocurrency technologies to create a way that people can create 3D imagery rendered by shared hardware hosted in the cloud, and then sold and/or traded via blockchain. Doing so, says chief executive Jules Urbach, reduces the cost, time and labor of creating such assets. Continue reading OTOY Rolls Out Blockchain-Based Rendering Platform RNDR

Internet service providers, Hollywood studios and record labels have opted not to extend their pact to combat peer-to-peer piracy via the voluntary program that involved issuing “copyright alerts” to offenders. The voluntary program was launched in 2013 as a means of fighting piracy without calling for congressional legislation. Internet users who accessed pirated P2P content were issued warnings, and “six-strike” repeat offenders faced penalties such as the slowing of their Internet delivery. In the end, however, the system was not equipped to deal with hardcore repeat infringers. Continue reading Media Industry Opts to Pull the Plug on Copyright Alert System

NBCUniversal just received a patent to track files, in real-time, shared by groups on peer-to-peer networks, part of an anti-piracy effort. “Early detection of high volume peer-to-peer swarms,” the title of the patent, looks for a popular swarm so that the copyright holders can take action before it is “too late to do much good.” Detection relies on a data feed of peer-to-peer swarm activity, augmented by a data analytics engine that processes the data to identify swarms with parameters exceeding a threshold. Continue reading NBCUniversal Awarded Patent to Halt Illegal BitTorrent Piracy

BitTorrent has launched its open, ad-supported music and video platform that allows consumers to access media content via apps for Android, iOS and Apple TV. BitTorrent Now is the latest effort to shed the piracy stigma of the popular peer-to-peer technology for more legitimate uses. Up until now, BitTorrent offered free and paywall versions for artists to get their content to people. With the new ad-supported service, artists have an alternative for generating revenue while users can stream their content through an Android app launched yesterday, and iOS and Apple TV apps to follow. Continue reading BitTorrent Launches Ad-Supported Music and Video Platform

BitTorrent’s peer-to-peer Web browser endeavor, Maelstrom, is now in beta. Since its limited alpha release back in December of last year, the browser has reportedly seen as many as 3,500 publishers and more than 10,000 developers sign up to work on its platform. The beta release will make the browser available to more people and help gauge interest in a torrent-based service built on a decentralized, P2P architecture. For now, the beta version of Maelstrom is only available for Windows users. Continue reading Maelstrom: BitTorrent’s New Browser Built on P2P Architecture

Popcorn Time became one of the most popular torrenting sites since it debuted nearly a year ago, and even though the original was taken down, spin-offs plan to stay. Popcorn-Time.se, for example, makes it easy to find torrented content like pirated movies and television shows. Its developers plan to make the site harder to take down by implementing a peer-to-peer protocol. The MPAA was successful in shutting down the original Popcorn Time, but it has not been able to shut down the spin-off sites yet. Continue reading Popcorn Time Torrenting Sites Intend to Become Unstoppable

Facebook is adding a new feature that allows its users to send each other money through Facebook messages. Users link their debit cards in order to send their friends money. Unlike PayPal or Venmo, users do not have to “cash out” the funds. The payments transfer directly between debit cards. The new service, which is free to Facebook Messenger users, will roll out in the U.S. in the next few months. It will show up in the Messenger app as a dollar sign, next to the icons for text, photos and thumbs up. Continue reading Facebook Unveils Peer-to-Peer Payments on Messenger App

BitTorrent, known for its peer-to-peer file sharing service, has unveiled a new Web browser, Maelstrom, that could take Web content from centralized servers to a network of shared torrents. A browser that utilizes a peer-to-peer network makes downloading large files faster and keeps files off a cloud that could be surveyed by the government or hacked by cyber criminals. Maelstrom could also supplement existing browsers to take the load off of other networks. Continue reading BitTorrent Starts Testing New Maelstrom Torrent Web Browser

Apple’s iBeacon and its Bluetooth Low Energy technology may soon revolutionize the way we interact in the physical world — and it’s already built into most iPhones. The technology is growing as more retail stores install sensors to track shoppers. It is also relatively inexpensive and easy to install. And instead of people having to launch an app or whip out a credit card when they’re out and about, their phones will do it for them — automatically. Continue reading Will iBeacon Revolutionize Interactions in the Physical World?

BitTorrent is teaming with DIY service provider Topspin Media, Web video production company The Collective, emerging music magazine The FADER, and digital distribution specialist Cinedigm to launch its publishing platform, BitTorrent Bundles. The company is hoping that its P2P-based direct publishing platform will appeal to musical artists and other creatives and has convinced performers including Madonna to distribute free content through its software. Continue reading BitTorrent Targets Music Scene with P2P Publishing Platform

BitTorrent is primarily known for software that makes it easy to download and distribute pirated digital content. It is now attempting to change its negative image. In the past few months, the company has been actively attempting to convince musicians and content makers that it can help them earn money. The company is offering its BitTorrent Bundle as a way to encourage users to download content, and give creators a way to charge for it. Continue reading BitTorrent Trying Image Change as Legitimate Marketplace

BitTorrent announced the BitTorrent Bundle earlier this week, a new format that provides access to free content in addition to a gateway to other material. It offers content creators a new means of distributing and monetizing their work outside the confines of traditional methods. BitTorrent continues its efforts to transform the file-sharing software into a legitimate platform for movies and music. Continue reading BitTorrent Bundle Provides New Options for Content Creators