Feeds

TiVo: Yes we've axed staff, but we're NOT packing in hardware biz

Designers laid off as set-top box maker looks to cloud

High performance access to file storage

TiVo is shuffling its playing cards as it prepares to shift its strategy somewhat towards the cloud - however the set-top maker has flatly denied claims that it is retreating from the hardware business.

The company's chief flack, Steve Wymer, told The Verge that it was wrong to suggest that a number of recent layoffs at TiVo, which were reported by Wired, meant that it was walking away from hardware development.

He said:

We're just as fired up as consumers are about Roamio [TiVo's latest digital video recorder] and we expect to deliver on that for years to come.

It's one of our core businesses and our shining jewel.

He admitted that staff had been axed but didn't reveal how many employees were handed pink slips. Wired had claimed, citing sources, that five hardware engineers had been laid off at TiVo.

But Wymer insisted that the company had no plans to "abandon" hardware.

Wymer told The Register:

These reports are overblown, but I cannot provide any details regarding staffing levels and personnel. As we increasingly develop solutions for cloud storage and delivery of content, TiVo remains very much capable of delivering on all our current and future hardware needs (of which there are many). I'm sure you've seen our announcements about all our work on cloud based services and that emphasis will only increase in the near term.

®

SANS - Survey on application security programs

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.