Rovi today announced that it will be acquiring TiVo in a deal valued at approximately $1.1 billion, with $277 million being paid in cash and the remaining balance to be paid in stock. The new company will take on the TiVo name and brand, and Rovi CEO Tom Carson will take over. The deal is expected to be completed in the third quarter.
Thirty-four percent of drivers support fully self-driving vehicles, and more than half of Gen Y and Gen Z respondents said they have confidence in autonomous technology, a J.D. Power study has found. Gen Y and Gen Z respondents are also significantly more likely to use alternative mobility solutions such as ride- or car-sharing, the survey said.
Home electronics, appliances and tools are increasingly coming with "smarts" built into the devices. "The first stages of the revolution of the Internet of Things may actually start with the things themselves rather than the consumer demand for smart things," Chuck Martin writes.
Invoxia has released the "Triby," the first non-Amazon-branded product with Amazon's voice-activated assistant, Alexa, built in. Triby is a message board that sticks to the front of the refrigerator and can make voice-over-IP calls, play music, set timers and control other connected-home devices.
Looking to ramp up enthusiasm ahead of the release of "The Angry Birds Movie," Rovio is distributing 1 billion BirdCodes for digital items in the "Angry Birds Action" mobile game. Zappar is powering the augmented-reality experience that lets mobile users scan physical BirdCode cards and align them with images on their screens.
Evolution Digital has unveiled its QAM/IP hybrid eBOX, which uses TiVo software for supporting live TV, over-the-top, video on demand and apps. The company has a deployment deal with WideOpenWest, and trials are underway with tier 2 operators.
Buying and selling used electronics helps cut down on electronics waste and puts devices in the hands of people who might otherwise be unable to afford them. "Turn over that old device so that somebody can get a second life out of it," says Carole Mars, the Sustainability Consortium's senior research lead. "There's no reason for it to go into a drawer."
The Federal Trade Commission has won a court battle with Amazon over "unfairly billing consumers for unauthorized in-app purchases by children," per FTC Chairwoman Edith Ramirez. Apple and Google paid more than $50 million to settle similar accusations, but Amazon took the battle to court and lost. Refund amounts have yet to be decided.
RadioShack parent company Standard General LP has hired former Target Australia and Sears Canada CEO Dene Rogers to help revive the business. RadioShack declared bankruptcy last year, but Rogers aims to "reinvent RadioShack's business model to create a dynamic growth company," he said.
Sony has released a new lineup of 4K TVs, this time equipped with High Dynamic Range technology. The sets range from 55 to 85 inches, are flat enough to snap into a picture frame wall mount and feature a peak brightness of 1000 nits.
- Page 1