More tech layoffs: BitTorrent parent Rainberry, Inc. is closing a San Francisco office.
Rainberry Inc., the maker of μtorrent and BitTorrent software and a pioneering San Francisco company in decentralized peer-to-peer file sharing technology, is shuttering its Financial District headquarters office and laying off 92 employees, becoming the latest big name tech company to trim its downtown footprint.
The company may be relocating from San Francisco altogether. A representative of the company told me on Friday that Kearny Street was the only Rainberry office space but it will continue to maintain its mailing address, which corresponds to a post office mail box in West Portal. Founded in 2004 by Bram Cohen and Ashwin Navin, the company developed a protocol that enables the quick sharing of large files with minimal bandwidth, allowing the power of several home computers to replace the need for a large single-source server. At its peak in the early 2010s, BitTorrent had as many as a quarter billion active monthly users and the protocol accounted for virtually half of file-sharing bandwidth on the Internet.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
49ers throwing watch parties in San Francisco, San Jose, and Mexico CityThe San Francisco 49ers are hosting watch parties in San Jose, San Francisco and Mexico City for fans who can't go in-person to Sunday's NFC divisional playoff game at Levi's Stadium in Santa Clara.
Read more »
San Francisco man arrested after violent home invasion in San CarlosThe suspect in a violent San Carlos home invasion and assault was taken into custody Saturday morning without incident, police said.
Read more »
Strada unveils design change at Pier 30-32 redevelopment - San Francisco Business TimesThe team of developers working to remake Piers 30-32 and Seawall Lot 330 at the Embarcadero have redesigned their project.
Read more »
San Francisco art gallery owner arrested after spraying water on homeless personThe arrest stems from an interaction on January 9 captured on video in which Shannon Collier Gwin,, casually leaning against a gate, sprayed water from a garden hose at an unsheltered person named …
Read more »
Downtown San Francisco: Slowest Pandemic Recovery of 62 U.S. CitiesSan Francisco’s downtown has experienced the slowest recovery of any major U.S. city center since the coronavirus pandemic, placing dead last in measurements of cell phone data activity.
Read more »
A symbol of San Francisco's Palace of Fine Arts has diedShe 'inspired animal lovers and romantics at the Palace of Fine Arts for nearly three decades.'
Read more »