digital video recorder

Verizon Pays TiVo $250.4 Million to Settle Patent Lawsuit

Verizon will pay Tivo at least $250.4 million to settle a patent lawsuit related to its DVR technology. The companies agreed to dismiss all pending litigation, and have inked a licensing deal. The news sent shares of the digital video recording pioneer up more than 7% Monday morning.

Something Surprising Pops Up at TiVo

TiVo is finally clicking the green"thumbs up" button for its shareholders again. The digital video recorder pioneer ended its fiscal third quarter with 117,000 more subscribers than it started with -- its first gain in four years.