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TV time-shifting and recording company TiVo (TIVO Quote) has lofty plans to facilitate downloads of TV shows to Apple's (APPL Quote) iPod and Sony's (SNE Quote) PlayStation device.
With TiVo facing a freeze-out at the hands of some former partners, the plan may smack some as a desperation move. But shares in the Alviso, Calif., tech company got a nice bump Monday on the news, rising 5%.
TiVo, the progenitor and once reigning king of video recording and ad-skipping devices, has of late run up against a bevy of alternative services being launched and promoted by cable and satellite companies. ...
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