BitTorrent on Tuesday announced at the Internet & Television Expo an application called "BitTorrent Live" that applies its distributed file-sharing technology to video streaming. BitTorrent is able to speed up file downloads by storing pieces of a file on computers throughout the Net and reassembling them when a request is made for the file. BitTorrent Live does the same for streaming live video, the company said. It targets two big problems with streaming live events over the Net: latency and cost.
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