In my own words...July 5, 2008 10:25 pm
  
 
The Group of Eight (G8) is an international forum for the governments of Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States. The G8 can refer to the member states or to the annual summit meeting of the G8 heads of government. G8 ministers also meet throughout the year, such as the G7/8 finance ministers (who meet four times a year), G8 foreign ministers or G8 environment ministers. The European Union is also represented at the meetings by the president of the European Commission and the rotating Presidency of the Council of the European Union.

Each calendar year, the responsibility of hosting the G8 rotates through the member states in the following order: France, United States, United Kingdom, Russia, Germany, Japan, Italy and Canada. The holder of the presidency sets the agenda, hosts the summit for that year and determines which ministerial meetings will take place. Lately, both France and the United Kingdom have expressed a desire to expand the group and include five developing countries, referred to as the Outreach Five (O5) or the Plus Five: Brazil, China, India, Mexico and South Africa. These countries have participated as guests in previous meetings, which are sometimes called G8+5.

 
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In my own words... 9:58 pm
  
 
BitTorrent, Inc., headquartered in San Francisco, California, is an American corporation that develops peer-assisted Internet content delivery technology based on the BitTorrent protocol. The company was founded on September 22, 2004 by Bram Cohen and Ashwin Navin, BitTorrent’s Chief Scientist and President respectively. BitTorrent, Inc. also maintains the BitTorrent protocol.
 
The company has announced three main business lines: content aggregation at http://www.bittorrent.com where the company, on February 25, 2007, released a web-based store to distribute movies, TV shows, music and video games. The company also licenses its technology, called BitTorrent DNA (Delivery Network Accelerator), to websites "to add the speed and efficiency of patented BitTorrent technology to their current content delivery infrastructure, significantly reducing bandwidth costs while increasing capacity over standard HTTP delivery solutions." The third product offering is the BitTorrent Software Development Kit (SDK) for consumer electronics and home networking hardware manufacturers.