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TiVo refutes rumors, says hardware is a ‘core business’

23
Jan
2014

TiVo shot back tonight at a Wired report claiming that recent layoffs mean the company is exiting the hardware business. Its not right to say that TiVos out of the hardware business, VP of corporate communications Steve Wymer tells The Verge. Its one of our core businesses and our shining jewel. Wymer confirmed that layoffs did take place, but that they reflect TiVos new focus as it begins work on the network DVR platform it announced at CES.

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