Roku and TiVo have signed a multiyear IP agreement that will provide Roku with access to thousands of patents. According to Variety, the license “agreement covers the TiVo and Rovi patent portfolios as well as the over-the-top patents in the Intellectual Ventures portfolio under the TiVo-IV licensing partnership. TiVo in its current instantiation was formed out of Rovi’s $1.1 billion acquisition of the DVR maker last year.” There are currently about 6,000 issued and pending patents in the combined company’s portfolio covering tech “including interactive program guides, DVR functions and mobile device media processes.” Continue reading Roku Signs Licensing Deal with TiVo, Gains Access to Patents

AOL chief executive Tim Armstrong tweeted that Verizon is combining AOL and Yahoo into a new unit called Oath. Sources say that Yahoo chief executive Marissa Mayer will not be part of the new company, which will be helmed by Armstrong. Given Yahoo’s hacking disasters and slumping business, Mayer’s departure was anticipated, but it is not clear whether she’ll receive her full payout, reportedly worth tens of millions. Sources also say Armstrong is now choosing which top Yahoo executives to retain. Continue reading Verizon to Integrate AOL, Yahoo Into New Unit Dubbed Oath