Peer-to-peer technology pioneers Niklas Zennstrom and Janus Friis have renamed their new online TV service under development and plan to open the gates to let more people test the software.The video stream service, code-named The Venice Project, is now officially called Joost, company Chief Executive Officer Fredrik de Wahl said Tuesday in an e-mail.The service, which is being tested by a select group of users, will allow users to watch TV on their computers, in addition to offering Web functions such as chatting and the ability to search and pull up programs on demand.Joost also plans to give more people an opportunity to test its software when the company launches the 0.8 version shortly, de Wahl said. A broad public release is planned for the first half of this year.The Joost application, however, is a bandwidth blockbuster, which could pose a problem for Internet users with a strict monthly limit on broadband usage. The service consumes an average 320MB of downloaded and 105MB of uploaded traffic for an hour’s worth of TV viewing. The 105MB per hour upload rate is almost equivalent to 256Kbps, double the upload speed currently offered by many DSL services in Europe.In documentation provided to beta testers, Joost warns that the service “will exhaust a 1GB cap in 10 hours” and explains how they can exit the application to ensure it doesn’t continue running once they’ve stopped watching.In addition to its new Joost online video service, Zennstrom and Friis founded the Kazaa peer-to-peer music exchange and the Skype voice-over-IP service.-John Blau, IDG News Service (Dusseldorf Bureau)Related Link: Skype Founders to Launch ‘Venice Project’ Web TV ServiceCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content brandpost Sponsored by Palo Alto Networks x Accenture Making sense of zero trust - why a managed SASE solution is the ideal option for enterprises Security leaders are turning to SASE as their preferred network security solution amid a new era of cloud-powered businesses working from anywhere. By CIO Contributor Nov 28, 2023 4 mins Network Security feature 8 tips for unleashing the power of unstructured data For most organizations, data in the form of text, video, audio, and other formats is plentiful but remains untapped. Here’s how to unlock business value from this overlooked data trove. By Bob Violino Nov 28, 2023 10 mins Data Mining Data Science Data Management opinion What you don’t know about data management could kill your business Organizations without a solid data management strategy are on a collision course with catastrophe. Unfortunately, that’s most businesses, judging by the fundamental disconnect on the importance of strong data foundations. By Thornton May Nov 28, 2023 6 mins Data Architecture Data Governance Master Data Management brandpost Sponsored by Dell Technologies and Intel® Gen AI without the risks Demystifying generative AI: Practical tips for cost-effective deployment in your organization. By Andy Morris, Enterprise AI Strategy Lead at Intel Nov 27, 2023 6 mins Artificial Intelligence Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe