Jump to content

Rainberry, Inc.

"Rainberry" redirects here. For the Zayn song, see Rainberry (song).
Rainberry, Inc.
FormerlyBitTorrent, Inc.
Company typePrivate company
IndustryInternet software and services
Founded2004; 20 years ago (2004)
FoundersBram Cohen
Ashwin Navin
HeadquartersSan Francisco, California, United States
Area served
Worldwide
Key people
Products
  • Consumer Freeware
  • Content Delivery
  • Embedded Software
Number of employees
110 (2012)
ParentTRON Foundation
SubsidiariesDLive[2]
Websitewww.rainberry.com

Rainberry, Inc.,[3] formerly known as BitTorrent, Inc., is an American company responsible for μTorrent and BitTorrent Mainline.[4][5] The company was founded on September 22, 2004 by Bram Cohen and Ashwin Navin. It was successful during the Great Recession under the leadership of CEO Eric Klinker. In 2018, the company was acquired by cryptocurrency startup TRON,[6] and Bram Cohen left the company.[7][8] In March 2022, the SEC charged Rainberry with fraud for selling cryptocurrencies Tronix (TRX) and BitTorrent (BTT) as unregistered securities.[9]

History

The company was founded in 2004 by Bram Cohen and Ashwin Navin, and became the inventor of "μtorrent and BitTorrent software and a pioneering San Francisco company in decentralized peer-to-peer file sharing technology."[10] According to the San Francisco Times at its peak, BitTorrent in the early 2010s had up to a quarter billion active monthly users, while its protocol "accounted for virtually half of file-sharing bandwidth on the Internet."[10]

Tron, a cryptocurrency startup, acquired Rainberry in 2018, with Tron later introducing BTT, a BitTorrent cryptocurrency token. The token aimed to help monetize Rainberry's software, which had been free since inception, and made money for the company through ads in the user interface.[10]

In early 2023 Rainberry Inc. closed its San Francisco headquarters in the Financial District and laid off 92 employees.[10] In March 2023, Sun served as CEO of Rainberry, Tron, and Peiwo simultaneously.[11]

In March 2023, the SEC sued Tron founder Justin Sun, the Tron foundation, the BitTorrent Foundation, and Rainberry Inc. over the sale of TRX and BTT tokens, and over the debate as to whether they counted as unregistered crypto asset securities.[12]

BitTorrent software

Main articles: BitTorrent (software) and BitTorrent protocol

BitTorrent is a peer-to-peer computer program developed by Bram Cohen and BitTorrent, Inc. that is used for uploading and downloading files via the BitTorrent protocol.[13] BitTorrent was the first client written for the protocol. It is often nicknamed Mainline by developers, denoting its official origins. Since version 6.0, the BitTorrent client has been a rebranded version of μTorrent. As a result, it is no longer open source and is currently available for Microsoft Windows and Mac OS X.[citation needed]

μTorrent

Main article: μTorrent

'μTorrent' is a freeware, closed source BitTorrent client owned by BitTorrent, Inc. It is available for Microsoft Windows, Android and Mac OS X. A μTorrent Server is available for Linux. All versions are written in C++.[14]

On December 7, 2006, μTorrent was purchased by BitTorrent, Inc., as it was announced on their official forum.[15]

BitTorrent/μTorrent Pro

Pro is the name received by advanced versions, formerly branded Plus, of BitTorrent and μTorrent. These are premium versions of the Windows software with additional features that are downloaded and installed when the user upgrades for US$19.95.[16] Pre-sales for Plus were announced November 29, 2011 and the upgrade became available December 8, 2011.[17] A "Pro" version of uTorrent for Android also exists, for a lower initial price, though in-app purchases can take it over the cost of the desktop version.[18]

When a user upgrades to the Pro version of BitTorrent or μTorrent they enable the following features:[19]

  • Anti-virus protection for acquired .torrent files
  • Integrated HD media player[20]
  • Transcoding capability with media codecs
  • Streaming playback while torrent is downloading[21]

BitTorrent Sync

Main article: Resilio Sync

BitTorrent Sync[22] is a peer-to-peer file synchronization tool running on Windows, Mac, and Linux. It can sync files between computers on a local network, or between remote users over the Internet.[23]

The BitTorrent Sync pre-Alpha program, announced in January 2013, was opened to general users on April 23, 2013.[24] On November 23, 2013, BitTorrent announced the release of version 1.2 of the client along with a beta version of the BitTorrent Sync API.[25]

On June 1, 2016, product and team were spun out of BitTorrent Inc. as an independent company, Resilio Inc. which will continue development of the product under the name Resilio Sync.[26]

BitTorrent Bundle

The company has released "Bundles" with artists such as Linkin Park, Pixies, Public Enemy, and Madonna. The Madonna Bundle, entitled secretprojectrevolution, was released on September 24, 2013 and consisted of the 17-minute film of the same name, stills from the film, and an option for those users who submit their email addresses and make a donation that also includes HD and 2K versions of the film, a VICE interview, and a message from Madonna.[27]

On September 17, 2013, the company launched "BitTorrent Bundles for Publishers", an alpha program for content creators to distribute bundles of any size and file type using the BitTorrent client.[27] The first released bundle was the fantasy feature film "Overturn: Awakening of the Warrior" starring Ukrainian Vietnamese actor Ivan Doan[28]

On September 26, 2014, Thom Yorke released his album Tomorrow's Modern Boxes as the first paid Bundle, priced at US$6.00.[29] On October 3, 2014, it was announced that the project had been downloaded over 1 million times, which included the free single and video plus the paid downloads; sales numbers have not been released.[30]

On October 28, 2014, Alice in Chains released their music video for "Phantom Limb" via BitTorrent Bundle for free streaming and download. The bundle also included the video treatment and the shot list in PDF, as well as access to the band's merch.[31]

BitTorrent DNA

BitTorrent, Inc. also offers BitTorrent DNA (Delivery Network Accelerator),[32] a free content delivery service based on the BitTorrent protocol that allows content providers to distribute their content using the bandwidth of their users.[33]

SoShare (beta)

On January 5, 2012, SoShare was released in alpha as "Share" within the μTorrent client, as a standalone desktop client and as a plug-in based web client.[34] On February 15, 2013, the SoShare beta was launched and repositioned as a user-friendly web application that uses the BitTorrent protocol, designed for creative industry professionals to share high-res photos, files and videos using the app's email system or public links.[35] From the official website, the service messages that registered users can send file bundles containing up to one terabyte of data per send, free.[36]

BitTorrent News

Discontinued software

BitTorrent Live

First announced in September 2011 and was first publicly tested on October 14, 2011.[37] BitTorrent premiered Live in public beta in March 2013.[38] The platform was used to showcase live streaming events of musical acts and DJs.[39] It was shut down in 2017.[40] In March 2019 it was announced that BitTorrent Live is going to return in the form of Snapchat-like social media app for Android and iOS.[41]

BitTorrent Bleep

BitTorrent Bleep is a multi-platform, peer-to-peer, serverless chat client available free on Windows, Mac, Android and iOS.[42][43] Bleep was never officially discontinued, but as of August 2017 the website no longer exists,[44] the Windows application is no longer available to download from their website, or on the Google Play store,[45] the Bleep Blog hasn't been updated since August 2015,[46] and the Bleep forums no longer have any active moderators participating.[47]

Project Maelstrom

On December 10, 2014, BitTorrent announced Project Maelstrom,[48] a Chromium-based browser project that enables censorship-resistant distributed Web publishing by utilizing the BitTorrent and DHT protocols.[49] Initially, the project was run as a closed alpha, but was then opened as a public beta available for Windows only.[50] Although no official discontinue notice has been announced as of February 2017, the BitTorrent Inc. website no longer provides the browser for download, the last build has not been updated past Chromium version 44, and the last post by the project lead staff was on September 14, 2015.[51]

DLive

Main article: DLive

In late 2019, BitTorrent purchased DLive, which was created in 2017 as a blockchain-based video game streaming platform with lax moderation and generous monetization plans. Around this time, DLive became popular with far-right extremists and conspiracy theorists who had been banned from other platforms.[2] According to the Southern Poverty Law Center, "DLive has paid out hundreds of thousands of dollars to extremists since its founding, largely through donations of cryptocurrency built into a service provided by the site."[52] DLive was used by multiple creators to stream and coordinate the 2021 storming of the United States Capitol.[2] Several of these streamers were subsequently banned by DLive.[53]

Partners

According to the company's website, BitTorrent Inc. has announced partnerships with many companies, including, for venture capital, Accel Partners and DCM, technology partners ESA Flash Components, NTL:Telewest, Opera Software, and device partners Buffalo Technology, D-Link, I-O Data, Marvell Semiconductors, Netgear, Planex Communications Inc., and QNAP Systems, Inc.[54][55]

See also

References

  1. ^ "Open Corporates, Filing Notice". Open Corporates. Retrieved May 23, 2022.
  2. ^ a b c Browning, Kellen; Lorenz, Taylor (January 8, 2021). "Pro-Trump Mob Livestreamed Its Rampage, and Made Money Doing It". The New York Times. ISSN 0362-4331. Archived from the original on January 9, 2021. Retrieved January 9, 2021.
  3. ^ "BitTorrent Inc. Changed Its Name to Rainberry - TorrentFreak". TorrentFreak. May 12, 2018. Archived from the original on April 5, 2021. Retrieved December 3, 2018.
  4. ^ Perez, Sarah (May 28, 2015). "Netflix, HBO Streaming Video Traffic Increases As BitTorrent Declines". Techcrunch. AOL Inc. Archived from the original on October 4, 2015. Retrieved September 26, 2015.
  5. ^ "THE INSIDE STORY OF BITTORRENT'S BIZARRE COLLAPSE". Wired. November 1, 2017. Archived from the original on October 23, 2018. Retrieved October 25, 2018.
  6. ^ "BitTorrent Inc. Officially Confirms Acquisition by TRON Foundation * TorrentFreak". Archived from the original on April 14, 2021. Retrieved April 29, 2019.
  7. ^ "BitTorrent Inventor Bram Cohen Leaves BitTorrent Behind". TorrentFreak. August 19, 2018. Archived from the original on November 29, 2020. Retrieved February 15, 2019.
  8. ^ Cohen, Bram (January 21, 2019). "I'm no longer in any way affiliated with BitTorrent and have never been affiliated with Tron or Justin Sun". @bramcohen. Archived from the original on May 4, 2021. Retrieved February 15, 2019.
  9. ^ "BitTorrent owner Rainberry, Justin Sun charged with fraud by SEC". www.bizjournals.com. BayAreaInno. Retrieved March 22, 2023.
  10. ^ a b c d "Rainberry Inc., maker of BitTorrent, shutters San Francisco HQ office". www.bizjournals.com. San Francisco Business Journal. Retrieved August 6, 2023.
  11. ^ "The SEC just charged Justin Sun, the crypto CEO who bid $4.6 million on lunch with Warren Buffett, with fraud. Here's everything you need to know about him". www.website.com. Business Insider. Retrieved August 6, 2023.
  12. ^ "Former FTX CEO Sam Bankman-Fried charged for allegedly bribing Chinese officials". techcrunch.com. TechCrunch. Retrieved August 6, 2023.
  13. ^ "What Is BitTorrent? - ITU Online". June 16, 2024. Retrieved July 16, 2024.
  14. ^ "FAQ: How can μTorrent be so small and so fast?". BitTorrent, Inc. Archived from the original on December 12, 2009. Retrieved December 16, 2009.
  15. ^ "BitTorrent Inc Buys uTorrent". TorrentFreak. December 7, 2006. Archived from the original on October 17, 2012. Retrieved December 16, 2009.
  16. ^ "μTorrent Plus, μTorrent 3.1 (Free), and BitTorrent Plus...(and the Kitchen Sink) | The Official BitTorrent Blog". Blog.bittorrent.com. October 15, 2012. Archived from the original on August 9, 2017. Retrieved October 25, 2012.
  17. ^ "uTorrent Plus Goes on Pre-Sale for $24.95". TorrentFreak. November 29, 2011. Archived from the original on February 5, 2021. Retrieved October 25, 2012.
  18. ^ Hougen, Aleksander (February 23, 2023). "qBitTorrent vs uTorrent in 2024 [Torrent Clients Compared]". Cloudwards. Retrieved September 3, 2024.
  19. ^ "Delivering the World's Content". BitTorrent. Archived from the original on November 18, 2014. Retrieved October 25, 2012.
  20. ^ "Delivering the Worls's Content". BitTorrent. Archived from the original on November 8, 2012. Retrieved October 25, 2012.
  21. ^ "Introducing μTorrent Pro, now for $19.95 and including a Streaming beta". Blog.bittorrent.com. November 20, 2014. Archived from the original on June 22, 2015. Retrieved June 21, 2015.
  22. ^ "Resilio: File Synchronization for Enterprise, Business & Individuals". Archived from the original on November 2, 2014. Retrieved December 10, 2016.
  23. ^ Brodkin, Jon (April 23, 2013). "BitTorrent Sync creates private, peer-to-peer Dropbox, no cloud required". Ars Technica. Retrieved August 27, 2024.
  24. ^ "BitTorrent Sync Alpha Now Open to All | the Official BitTorrent Blog". Archived from the original on August 7, 2014. Retrieved July 21, 2017.
  25. ^ Protalinski, Emil (November 5, 2013). "With over 1 million users and 30PB synced, BitTorrent speeds up Sync, adds iPad support, and debuts an API". The Next Web. Archived from the original on January 25, 2014. Retrieved August 30, 2014. BitTorrent today announced the release of the BitTorrent Sync Beta API as well as version 1.2 of the client...
  26. ^ "Important News about Sync".
  27. ^ a b McGarry, Caitlin (September 17, 2013). "BitTorrent and Madonna join forces for free speech". TechHive. IDG Consumer & SMB. Archived from the original on October 26, 2015. Retrieved September 23, 2013.
  28. ^ "BitTorrent Blog Announcement". Archived from the original on May 1, 2016. Retrieved March 21, 2017.
  29. ^ Gordon, Jeremy (September 26, 2014). "Thom Yorke Releases New Album Tomorrow's Modern Boxes Via BitTorrent". Pitchfork. Pitchfork. Archived from the original on February 16, 2016. Retrieved September 26, 2014.
  30. ^ Schroeder, Stan (October 3, 2014). "Thom Yorke's BitTorrent Release Hits 1 Million Downloads". Mashable. Mashable. Archived from the original on February 2, 2020. Retrieved October 3, 2014.
  31. ^ "See Alice in Chains' Dark, Haunting 'Phantom Limb' Video". Rolling Stone. October 28, 2014. Archived from the original on October 28, 2014. Retrieved June 12, 2018.
  32. ^ Inc, BitTorrent. "Help - BitTorrent - Delivering the World's Content". Archived from the original on August 9, 2017. Retrieved December 10, 2016. {{cite web}}: |last= has generic name (help)
  33. ^ "BitTorrent DNA: Torrenting No Longer A Dirty Word". TechCrunch. October 9, 2007. Retrieved October 14, 2024.
  34. ^ "BitTorrent takes on Dropbox with personal file sharing — Tech News and Analysis". Gigaom.com. January 5, 2012. Archived from the original on November 11, 2020. Retrieved October 25, 2012.
  35. ^ "BitTorrent Sharpens Enterprise Focus, Launches SoShare To Send Large Files, Offering First Terabyte Free". techcrunch.com. February 15, 2013. Archived from the original on March 20, 2013. Retrieved March 13, 2013.
  36. ^ "Resilio: File Synchronization for Enterprise, Business & Individuals". Archived from the original on August 18, 2020. Retrieved December 10, 2016.
  37. ^ "R&D Live Streaming Test Friday | The Official BitTorrent Blog". Blog.bittorrent.com. October 13, 2011. Archived from the original on August 9, 2017. Retrieved October 25, 2012.
  38. ^ "BitTorrent Premieres New Live Streaming Platform". TorrentFreak. March 12, 2013. Archived from the original on December 23, 2020. Retrieved March 12, 2013.
  39. ^ "Join Us in the BitTorrent Live Studio with DJ Dragon Fly and VJ Kai | The Official BitTorrent Blog". Blog.bittorrent.com. January 4, 2012. Archived from the original on August 9, 2017. Retrieved October 25, 2012.
  40. ^ Roettger, Janko (April 27, 2017). "BitTorrent Is Shutting Down Its Live TV Streaming Service (EXCLUSIVE)". variety.com. Archived from the original on March 12, 2018. Retrieved March 12, 2018.
  41. ^ "BitTorrent Live Returns as a Snapchat-like Social Media App - Slashdot". news.slashdot.org. Archived from the original on April 12, 2019. Retrieved April 12, 2019.
  42. ^ Bleep. "Bleep by BitTorrent". Archived from the original on December 2, 2016. Retrieved December 10, 2016.
  43. ^ BitTorrent Blog. "bleep - The Official BitTorrent Blog". Archived from the original on April 15, 2016. Retrieved December 10, 2016.
  44. ^ Bleep. "Bleep by BitTorrent". Archived from the original on December 2, 2016. Retrieved August 12, 2017.
  45. ^ "Bleep on Google Play". Google Play Store. Archived from the original on April 27, 2017. Retrieved August 12, 2017.
  46. ^ BitTorrent Blog. "bleep - The Official BitTorrent Blog". Archived from the original on April 15, 2016. Retrieved August 12, 2017.
  47. ^ BitTorrent Forums. "BitTorrent Bleep - BitTorrent Forums". Archived from the original on August 12, 2017. Retrieved August 12, 2017.
  48. ^ Lunden, Ingrid (December 10, 2014). "BitTorrent Opens Alpha For Maelstrom, Its New, Distributed, Torrent-Based Web Browser". TechCrunch. AOL Inc. Archived from the original on November 4, 2015. Retrieved November 2, 2015.
  49. ^ Van der Sar, Ernesto (April 19, 2015). "Beating Internet Censors With BitTorrent's Maelstrom Browser". TorrentFreak. Archived from the original on May 13, 2021. Retrieved November 2, 2015.
  50. ^ Klinker, Eric (April 10, 2015). "Project Maelstrom Enters Beta". BitTorrent Inc. Archived from the original on September 12, 2015. Retrieved November 2, 2015.
  51. ^ "robv Project Maelstrom Lead profile page". Archived from the original on October 4, 2017. Retrieved February 23, 2017.
  52. ^ Hayden, Michael Edison (January 7, 2021). "Meet DLive: The Livestreaming Platform Used by Trump's Capitol Insurrectionists". HateWatch. Southern Poverty Law Center. Archived from the original on January 7, 2021. Retrieved January 3, 2021.
  53. ^ Petrizzo, Zachary (January 9, 2021). "Nick Fuentes, 'Baked Alaska' banned from DLive following Capitol riots". The Daily Dot. Archived from the original on January 9, 2021. Retrieved January 29, 2021.
  54. ^ Partners Archived June 9, 2010, at the Wayback Machine. Bittorrent Inc.
  55. ^ BitTorrent Inc. Launches the BitTorrent Entertainment Network Archived August 24, 2010, at the Wayback Machine. Press release. BitTorrent Inc. February 26, 2007.
Retrieved from "https://en.Wik.ipedia.Pro.org/w/index.php?title=Rainberry,_Inc.&oldid=1251189168"

See what we do next...

OR

By submitting your email or phone number, you're giving mschf permission to send you email and/or recurring marketing texts. Data rates may apply. Text stop to cancel, help for help.

Success: You're subscribed now !