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TechWeb – InformationWeek – The company has been beefing up its digital media offerings in order to better compete with rivals such as Apple and its iTunes music download service.

AP – Digital video recorder pioneer TiVo reported Wednesday that its first-quarter net income more than quadrupled as operating costs, most notably for marketing and research, declined.

Reuters – Digital video recorder maker TiVo Inc on Wednesday reported an unexpected first-quarter profit as a result of lower spending on marketing and research and development.

AP – Digital video recorder pioneer TiVo reported Wednesday that its first-quarter net income more than quadrupled as operating costs, most notably for marketing and research, declined.

AP – Digital video recorder pioneer TiVo says its fiscal first-quarter net income soared as operating costs, notably for marketing and research, declined.

NewsFactor – For all the talk about Viacom’s $1 billion lawsuit against Google and YouTube, there are also copyright holders who have filed a class-action suit. This class claims YouTube violated intellectual-property rights by posting video clips without permission.

Reuters – Amazon.com Inc, the largest Internet retailer, will launch a streaming video service in the next few weeks to augment its digital offerings, the company’s chief executive said on Wednesday.