BitTorrent Inc., founded by Bram Cohen, the inventor of the BitTorrent protocol, is firing 12 of its 55 employees. The company, which also develops the popular BitTorrent client uTorrent, had been struggling to make money from their download store, which is one of the causes of the layoffs.
After the recent announcement by BitTorrent Inc that it has acquired the popular, lightweight Windows torrent client, uTorrent, there has been much speculation about the company making the source code of uTorrent public.
Bram Cohen has confirmed in an interview that content on the upcoming BitTorrent Video Store is going to be loaded with Windows DRM, which means restrictions for all and Mac & Linux users are going to be left out in the cold. What fun!
