
Amazon is working on a new type of device that can record live TV and stream it on demand, encroaching on technological turf occupied by TiVo, Bloomberg News reported Friday.
Bloomberg quoted an unnamed source as saying that the device, internally code-named “Frank,” would have physical storage and connect to Amazon’s Fire TV boxes. The concept reportedly allows for transmitting the video stream wirelessly to smartphones.
The source said that Amazon hasn’t made a final decision on the project, and that its rollout could be canceled or delayed.