TornTV is a live streaming application which allows you to watch online videos and streaming channels. It does not need extra configurations as you just need to launch the application and then browse its content.
On the other hand, it seems that the application is infected with malware or adware. This kind of software is created to infect your computer with Trojans and annoying ads. It's recommended to stay away from it.
Sopcast is a good alternative that works flawlessly without any malware bundled into the installation package.