Tivo Inc (TIVO)
Remember when we used to have to watch commercials on TV? Wasn't it a pain? Thanks to TiVo and their digital video recorders (DVRs) those days are in the past. Subscribing to TiVo lets you skip commercials, record the shows you want, and basically fit what you want to watch into your schedule.
TiVo Slips 4% on Microsoft Patent Infringement Accusation
10:32 AM Eastern Standard Time, 01/20/2010 (MidnightTrader) -- TiVo (TIVO) is down after Microsoft (MSFT) sues the company over alleged patent infringement in its DVRs. The complaint accuses TiVo in a San Francisco court of copying Microsoft's Mediaroom IPTV technology in the DVRs themselves, the software and the subscription-based service.
The suit would if successful block TiVo from selling DVRs without a licensing deal, according to electronista.com.
The suit is an endorsement of an earlier Texas lawsuit from AT&T (T) against TIVO that claims the media boxes violate patents relating to AT&T's VDSL-based U-Verse service, the story says.
Price: 9.97, Change: -0.43 , Percent Change: -4.13
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